Hello friends In the AUDNZD currency pair, we see the formation of a 5-wave impulse pattern that has been completed. Now, with the breaking of the trend line drawn at the bottom of wave 5 and the pullback to it, we expect the price to drop to the range of 1.0900. This decrease can happen in the dominance of a zigzag or any corrective pattern. Stop loss can also be considered in the range of 1.1015. Be successful and profitable. To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.