I count the last high in NZD as 3 waves -- B of expanded flat? the very defined 5 waves today- are either a C or 1. I still yield at the large gap 74.50. in either event there should be upward movement to correct the 5 waves down today or correct the B-- taking a BO trade of either would be a prudent trade- either offering ample pips.
One should also note that AUD and AUDJPY did not make a B wave high- but both made C wave type moves.
The Volume was very light today-- interestingly one of the highest Volume was Pre-asia 12/28-- this type of "intervention" by the MM suggests an asia bear trap-- followed by a London bull rally