AUDNZD has almost finished a 3 wave structure after the big upmove in Mar/Apr 2015 and ripe for an up move. The price started moving up around mid September but then came back down. Now its look like more of a H*&S in making. The upside target is 1.12 or beyond......
The neckline for H&S is 1.0769.
The AB=CD move also targeting around 1.16 ( 2 Blue arrows)
Disclaimer: This is not a trading signal/call its just my analysis of how AUDNZD will possibly move. Please only trade your own tested strategy.
The neckline for H&S is 1.0769.
The AB=CD move also targeting around 1.16 ( 2 Blue arrows)
Disclaimer: This is not a trading signal/call its just my analysis of how AUDNZD will possibly move. Please only trade your own tested strategy.
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Finally the upmove came closed off around 1.0960. Now its consolidating...aiming to go long again once consolidation is over
