The AUDNZD is about to complete the corrective structure (corrective structure can be very complex ) There is still some more down side but don't miss the up move.
I will be posting lower time frame trade setup on this pair .
I have been toying with the idea of a contracting triangle for this pair. I have attached my chart below. RSI is also coming into an area which has supported previous pullbacks.
Heelfan23
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Hello Anil. Are you anticipating more correction on this pair, or do you think the next impulse is starting? It is retesting the bottom trend line of the channel. I was thinking it would correct a little more. Just looking for a little more insight. Thank you for your time.
moorekapital
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AnandYRaja
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I was waiting for this sort of move to take place. My current count is for a 3 wave a , 3 wave b and a c forming as an ending diagonal.
MoradKassaoui
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Thanks anil , i buy now at 1.10 , this is good ?
sidhgenius
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i just bought it till 1.10
ManuelRodriguez
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Nice Move :_)
Cazzie
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Totally agree with your outlook for this pair Anil.
My view is the pair will come down to 1.18 fib then the up move will occur. (60 T/F).
The pair is moving in a range.
albertos
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Thanks Anil
Cazzie
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I was waiting for market to form a low price the 240 and daily meet these requirements. Thanks Anil.