Get started
traderpulse

AUD/NZD Wave Analysis

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
traderpulse  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Wave Analysis AUDNZD audnzdshort audnzdforecast audnzdlong audnzdsell audnzdanalysis audnzdbuy audnzdsetup audnzdsignal
2
0
trendanalysis waveanalysis audnzd audnzdshort audnzdforecast audnzdlong audnzdsell audnzdanalysis audnzdbuy audnzdsetup audnzdsignal
in a long-term bear cycle.
It is currently in its second leg of wave B.
Further, it resembles a flag formation and is coming down after hitting the upper parallel.
Hence, we expect the pair to be bearish and move to the lower parallel from here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.