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CJ_pips
Aug 31, 2017 10:40 PM

AUDNZD made simple long term  Short

Australian Dollar/New Zealand DollarFXCM

Description

Audnzd is at a top and at a long term trend line, price has already completed 5 wave up to the trend line and I'm expecting price to come break the wave 3 low (1.0236) So looking for a sell set up on lower time frame is a good idea medium to longer term. the only way see price continue to the upside breaking out of the trendline is if we get a big correction but I'm expecting it to go down to complete the bigger picture pattern.
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