Published April 29th, 2008 - 04:47 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. Bears can move risk to .7879. LatestPopular Two trains collide in Denmark, injuring several people IAEA chief warns of rising global nuclear arms race Saudi-led rail project to link Turkey to the Gulf revives historic Hejaz route Iran seizes two ships in Strait of Hormuz Turkey buys 44 Eurofighter jets, boosting air power amid F-35 dispute 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