Good day traders!

NZD/USD is turning nicely down from 0.6950 and now beneath the channel support line which gives us an evidence of a completed black wave 4 and a new bearish leg underway. We think that NZD/USD can retest 0.6816 lows by the end of the week.

NZD/USD, 1H

German Dax might have already accomplished a triangle in the fourth wave after recent run up from the lower triangle line, but we still need a broken 13491 swing to confirm a fifth wave up that can be looking to hit 13600 this week.

German DAX, 1H