AUDNZD; Bullish Bat Points To Beginning Of A Strong Up Thrust

FX:AUDNZD   Australian Dollar / New Zealand Dollar
In my latest analysis on this pair, I stated that this pair is in a great support zone . Yesterday we saw a healthy rise which was in clear 5 waves. The rise was halted at the upper boundary of the channel which was natural. The decline afterwards seems to be of corrective nature and with this bullish Bat forming, my previous analysis is greatly reinforced.

Good luck,

Ali             Sharif Azadeh, CFTe
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