Daily chart of NZDUSD is showing a clear break below the lower Elliott Wave triangle line at the 0.6500 region, which is an indication that a big correction in wave B is completed, and that a new five-wave drop for wave C is underway. That said, latest drop can be wave 1) of a bigger, bearish cycle with possible support near the 0.633 area, from where a temporary pullback as wave 2) may follow.
NZDUSD, Daily
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