NZD/USD, the down move from 0.8790 last month was a nice move down all the way to 0.5407, again I remain bearish on this pair with an eye on 0.8535 as resistance.
First short trade I posted last month was very successful for 345 pips, now 0.8535 is the key to hold to continue the down move, break of 0.8401 will confirm the next the next leg down to 0.8168. Kiwi have 3 important fundamental news tonight, I am keeping an eye on it, to confirm what will happen next.
NZD/USD
Elliott Wave Harmonic 