AUDNZD bottoming
Updated
AUDNZD is taking its time but I still consider it to be a consolidation and am anticipating a move higher. I showed two scenario's by means of the arrows. Key will be as always, to see a first bullish impulse break the structure of lesser degree followed by a consolidation so we can trade the continuation.
Note
It seems like AUDNZD might make another attempt to move lower so wait for a clear signal. Bigger picture will not change.Note
The arrows show my ideal scenario for a major bullish reversal. But I will adjust when things change like we did the whole time. So far we are on the right track when it comes to forecasting the AUDNZD moves.
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