Published May 5th, 2008 - 06:17 GMT Al Bawaba Our preferred count has been that a 1st wave down from .8215 is a leading diagonal and a wave 2 bounce ended at .8033. The NZDUSD has dropped below .7781, which makes a strong case that a 3rd wave decline is underway. Keep risk at .7879. LatestPopular New leaks: Trump secretly left Turkey amid Iran's assassination threats New iPhone releases decrease prices for old models - rumor says not anymore Israeli 'activist' posts racist AI video of African migrants being moved like trash Video: Man with knife stabs 2 police officers in Toulouse, France Colombia's deadliest earthquake in years kills at least 132 Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news