#AUDNZD Nearing end of wave 1
Updated
The #AUDNZD looks to be nearing the end of wave 1 as it reaches resistance at the previous wave 4 high. I would expect to see a pull back soon to start the 2nd wave down. Targeting 1.04500.
Trade active
A break of 1.0655 could mean that wave one is down and wave 2 pullback is underway.Trade active
Also note that the RSI is diverging at the highs indicating a top is near.
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