EW Update: AUD/NZD Eyeing 1.085/1.092 Zone

Technical analysis of Forex market

AUDNZD made a nice and strong recovery in the last 14 days, from the 1.028 level, and above the 1.045 region. This recovery is a sign, that a higher degree wave B correction is completed, and that final wave C is in play, with its five-wave structure, towards the 1.085/1.092 region. That said, be aware of temporary pullbacks during this uptrend.


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