AUDNZD expecting to move up...
Updated
AUDNZD has almost finished a 3 wave structure after the big upmove in Mar/Apr 2015 and ripe for an up move. The price started moving up around mid September but then came back down. Now its look like more of a H*&S in making. The upside target is 1.12 or beyond......
The neckline for H&S is 1.0769.
The AB=CD move also targeting around 1.16 ( 2 Blue arrows)
Disclaimer: This is not a trading signal/call its just my analysis of how AUDNZD will possibly move. Please only trade your own tested strategy.
The neckline for H&S is 1.0769.
The AB=CD move also targeting around 1.16 ( 2 Blue arrows)
Disclaimer: This is not a trading signal/call its just my analysis of how AUDNZD will possibly move. Please only trade your own tested strategy.
Comment
Finally the upmove came closed off around 1.0960. Now its consolidating...aiming to go long again once consolidation is over
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