On the 4h chart of AUDNZD we see that price found a bottom in the last leg of a three wave correction in red wave (C), thus completing the pullback from 1.14280 high at 61.8% fibo. level from previous blue wave A-circled.
That said this rally up from 61.8% could be the start of a new five wave sequence in blue wave C-circed that will unfold later this year.
Latest Jan 16 CryptoCurrency report: https://ew-forecast.com/newsletter/cryptocurrency_report_5
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