AUDNZD is in its final move to the downside. Have a look at my wave count:
Have look at my previous analysis to see the downside potential of the last move was predicted:
- Market finished Wave 4 which is a classic triangle pattern
- Price broke through support with its final Wave 5 to form bottom
- we are getting a nice RSI divergence across higher timeframes
- Market sits currently at long-term trendline
- 4H double bar candlestick pattern was formed, which is a nice entry signal
Have look at my previous analysis to see the downside potential of the last move was predicted:
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