This is an update to the chart, I had previously posted a chart (link posted below) on AUDNZD that depicted advanced patterns. The trend-line is currently being broken, there are two possibilities,
1. It breaks the trend-line, consolidates and goes higher than 1.14281 (or)
2. It is making a false spike currently and it goes down to 0.764 Fibonacci line to complete the advanced patterns and then pursue it's move up.
Either way the trend is upward, follow a safe strategy and good luck
1. It breaks the trend-line, consolidates and goes higher than 1.14281 (or)
2. It is making a false spike currently and it goes down to 0.764 Fibonacci line to complete the advanced patterns and then pursue it's move up.
Either way the trend is upward, follow a safe strategy and good luck
Comment:
As expected. The second possibility has come in play. Prepare for a larger uptrend. Good Luck
