E NZDUSD Intraday Drop

NZDUSD is falling sharply, probably because wave four found a top and current drop may be the start of final wave five. That said, the price may see some support and limited downside around the 0.6849 region where wave one would equal wave five, or if price continues beneath this level around the 261.8 Fibonacci ratio.

NZDUSD, 1H