This pair has been overextended beyond R3 monthly pivot(!). Probabilities for a mean reversion are high. I'll be looking for a short entry next week that will correct this up trend. To enter this short I'd like to see a clear break of R3 pivot. More on this possible trade coming week. Good trading all!
AUDNZD is approaching R3 major resistance level and is overextended past monthly R3. Looking for correction short setup here. R1 looks to provide quite some support, wait for that bounce to happen and then take the short towards R2 monthly support. I'll update this once the chart is clear when and where to enter.