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AUD/NZD Technical analysis

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
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FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Wave Analysis priceaction
7
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trendanalysis waveanalysis priceaction
After a strong up move, the counter is poised for a profit booking rally.
The rising wedge pattern formed during the up rally has broken down.
Hence, we expect the pair to be bearish in the near-term.
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