FX:AUDNZD   Australian Dollar / New Zealand Dollar
19 0 1
If we go back to June 1997 a major low at 1.0285 presents its self at this level AUDNZD             could have found its bottom. On weekly from 1.3794 to 1.2315 to 1.3276 using Fibo expansion the 200 level is in at 1.0317 if we zoom in on 4HR from 1.0794 1.0484 is A and 1.0611 is B and 1.0300 is C which is Fibo expansion level 100 at 1.0301 we have now broken over 1.0400 any pullbacks if we get them should be contained by 1.0360/1.0350 for a correction continuation for 1.0480 1.0550 1.0610 first with a longer term potential towards 1.08 and higher if these levels are broken but for now we should concentrate on the price action as corrective mode as on weekly if iii             C is true wave pattern is incomplete but good correction should be happening soon.
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