FX123333
Long

AUD/NZD: ANALYSIS, INDICATORS, STRUCTURE, HARMONIC

FX_IDC:AUDNZD   Australian Dollar/New Zealand Dollar
This chart has an above CTIS against short as I believe this is an advantage for buying opportunities, the 1.04 point has broken and I believe the trend would recover with a breakout of strong longs. I have completed 2 closed flag patterns showing where the trend may be taken towards. The harmonic has been completed up beneath high structure levels. I believe if the trend moves below support levels the trend will be reaching for a new lower low which could be towards below structure levels. The middle structure is the breakout zone where if the trend goes past this structure the potential waves may head towards point D within the harmonic structure.

Opening point: 1.035
Exit point: 1.0215
Target point 1: 1.11332
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