AUDNZD quick upside to resistance before resuming downtrend Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Mar 31, 2016 1:29 PM

AUDNZD will make one more move to upside AB complete C wave is next, when this C wave is complete Wave 4(primary) will complete and thus WAVE 5 will begin. Wave 5 will mean continued downside

Subwave C - to 1.1150 Resistance level

When C subwave ends, Wave 5 begins

Entry: 1.150

TP: 1.0975