AUDNZD has been following (very nicely) the dark blue up fork during its recent correction. If this correction is about to complete, price may return to the pervasive down trend and dive not only to reach the bull trend line (at about 1.0452-1.0454, i.e., Ret-0.528), but also get deeper (to Ret-0.764, at about 1.0436). The aussie continues being the weakest major currency, while the kiwi has been even stronger than the greenback. If the investors' sentiment doesn't shift, we should see more of a bear trend in the early hours of 2015.
Good luck, auspicious market conditions and best opportunities in your trading in 2015!
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Good luck, auspicious market conditions and best opportunities in your trading in 2015!
-----------
Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
