ezodisy
Long

audnzd -- correction, prepare for longs

FX:AUDNZD   Australian Dollar / New Zealand Dollar
49 0 3
The daily chart shows a corrective pattern from the June high. All gyrations are in 3s. The final leg of this three wave correction--(Y)--whether read as a triple-three, or A, B, and a double-three for C, has the same corrective conclusion. The fact that a trendline was broken is irrelevant because the waves have not finished yet. A few more gyrations down, and then I will be getting long for either C or 3 up. Note the enormous divergence between price and stochastics.
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