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Hyper-reality
May 10, 2020 5:13 PM

AUDNZD: A clean 3 was move signals a bearish move lower.  Short

Australian Dollar/New Zealand DollarFXCM

Description

We hope some of you managed to grab some decent pips on the A leg lower and maybe the B leg bounce. Now we see a clean break of the 4hr trendline and nice 3-way​ structure​. We are looking to take the final C leg short for around 100 pips or so before a considered move higher. The alternative count suggests​ a flat correction pushing the ​price to test the lows.
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