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judderod
Sep 7, 2016 12:51 PM

AUDNZD still in downtrend correction, but too far, too fast? Long

Australian Dollar/New Zealand DollarFXCM

Description

Here's what I see. A very complex correction of the last big impulse. It's too early to make a prediction. But we can see what happened at the last touches of the green lines!

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Comments
cubbies28
The nzd keeps going up which isnt helping the aud/nzd. The aud/usd goes down and if nzd/usd goes up then this pair drops related to correlation. Maybe if the nzd/usd starts its downtrend then aud/nzd will start its uptrend.
judderod
Right on!
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