NZDUSD Wave Structure Bearish going into nxt week

New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)

FX_IDC:NZDUSD New Zealand Dollar / U.S. Dollar

Elliott Wave elliottwaveretracement waves structuure Parallel Channel NZDUSD support

elliottwaves elliottwaveretracement waves structuure parallelchannel nzdusd support

We had a pullback of our first corrective wave price rejected @ the .50% retracement level. Price failed to retest that support level @.73810 signaling a change in momentum. We have a break of the lower channel and price is pushing toward an ABCD correction pattern or headed to the .618 of the whole wave count. Nice setup to watch going into next week.
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