We finally got some movement on this pair. Have a look at my weekly Analysis to get a grasp of the bigger Picture:

AUDNZD Weekly Wave Analysis


  • Price was sitting on the rising trendline and the 78% Fibonacci level
  • Weekly and Daily indicators are strongly oversold.
  • In the last hours we got a classic fake breakout with the NZD News.

  • Price should rise from here strongly over the following weeks.



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