Currently, the Kiwi is my favorite pair to trade, after a strong rally that was active for 29 days, it´s time to have a significant retrace, the Elliott Wave “b” black is likely to visit the support area of 0.7010 (61.8% B vs. A).

SELL STOP NZDUSD 0.7180 STOP LOSS 0.7210 TAKE PROFIT 0.7150

The Aussie pending order from last week must be canceled.

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