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Erhan_Eker
Sep 26, 2014 9:51 PM

AUDNZD HEW ANALYSIS Short

Australian Dollar/New Zealand DollarFXCM

Description

It looks AUDNZD completed Wave [a] of Wave [iii] at 1.1138 Murrey Math level. We still need to see a bearish reversal confirmation but 1h momentum already diverged. It is impossible to guess the depth of Wave correction but my favorite is 1.1047 levels which is 50% of the Wave [a].

Cycles i follow shows bearish movement until next weekend. .
Comments
PIPFOLLOWER
mister erhan you are successfull.
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