ew-forecast

AUDNZD : Expecting A Bullish Turn

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
We expect price to bounce higher in blue wave C-circled in days ahead, because we can identify a three wave decline on the Daily chart of AUDNZD from 1.1428 high, that could be in final stages. On the Daily chart we will get confirmation for a bullish continuation higher when price will move back to 1.0980 level. In that case traders could be seeking long entries on pullbacks.

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