FX:AUDNZD   Australian Dollar/New Zealand Dollar
11597 27 288
The AUDNZD             is in a daily corrective structure. This move down looks like a C wave so buying the breakout for the next impulse up looks like a good idea.

Trade with care.

Comment: Hi Traders , as promised in my webinar i will keep you updated on this big move to come .
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Comment: 60 min view
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Comment: Finally it broke out, now let it confirm.
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thanks Anil
+2 Reply
Thank you anil. :-)
+2 Reply
If NZD reduce rate tomorrow, will it immediately goes up instead of comes down then goes up?
+3 Reply
I bought this pair Anil before the Aussie Bank Rate Decision.
Since then it has pulled- back.The NZD Rate Decision late tonight.
NZD Bullish or Bearish ?? My guess is Bearish.
But will have to wait and see.
+2 Reply
Possible NZD rate cut happening 2day. I see AN bouncing back.
Aud bound 2 break..? Im looking 4 news 2 pave the road Up
+1 Reply
Thanks!!
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Its seems as if the RBNZ rate will remain unchanged, will that be a catalyst for a bullish breakout on this pair?
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D-Rod AndrewEwing
If no change. A say a slight consolidation downwards & look at the rate statement 4 clues. Dobt know what 2 look 4..? I have a tag called 1learnibg that shows the Must Know fundamentals
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Jeff_Wheelwright AndrewEwing
In my opinion AUD is bullish in medium term, but currently overbought. NZD is bearish, but I bet on unchanged RBNZ rate today, thus NZD may go up to ~0.7150. So we can expect next drop of AUDNZD, then bigger move up in medium term (next wave). I'd rather wait and buy A/N at lower levels.
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AndrewEwing Jeff_Wheelwright
Sounds sensible
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Well we had a little bit of a hurry along. Looking for a bounce now. Thanks Anil.
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Hey Anil, I'm looking for a Flat correction for a while now and price is finally closing in on my projected minimum target zone for wave C. I agree with your bigger picture view, will be an amazing trade opportunity! Good day to you!
AUDNZD short
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Nice, thanks for sharing.
+1 Reply
To me You are a genius. This chart looks like the Eliott wave completion within a corrective structure and that it should shoot up if it breaks the trend line then will become an impulsive wave and will be confidently Bullish right . Now my question is, is it a Wave 3 or Wave 5 .

Thank you Anil. I appreciate your work
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VolcyWaveIntlx PRO VolcyWaveIntlx
The Divergence is also looking weak on the red side and slowly becoming green. Are we waiting for a reversal pattern to confirm the strong uptrend coming ?
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anilmangal TOP VolcyWaveIntlx
Since I can't give you my way of counting, If it goes up as a daily Impulse , it will be a 3 or a C
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Alright it's fine, i understand bro .. If it goes up as a weekly impulse ( If there's such thing ) will it be a good investment for 1 week ?

Also, you are saying it could potentially be a C-Wave because you're anticipating a big move to the downside if it's not towards the upside Upstate New York . If we go travel to this chart for 3 weeks back and identify the previous waves, could it tell us which wave completion will happen for sure ? And do they always follow a Wave 1-3-5-a-b and wave c in this same order doesn't change in the past ? So provided we do have that with this current AUD/NZD pair and divergence it should for sure make a strong move to complete the previous pattern?

This is so confusing but i sort of understand it.

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anilmangal TOP VolcyWaveIntlx
I am a bit confused by your explanation so i hope this helps you.
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+2 Reply
is it still good to buy? i see it dropping continuously......please help anil
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Yes yes a very interesting area undoubtedly
the furure up
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Anil is the structure now changed as the price closed below it?
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Your NZD/CHF long was superb! :) Was this short NZD trade a hedge?
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so clossly
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awesome :)
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Anil should i buy right now, or maybe wait for some consolidation?
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Really appreciate the updates, Anil
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