AUDNZD Daily - Wave Analysis
We finally got some movement on this pair. Have a look at my weekly Analysis to get a grasp of the bigger Picture:
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This is for educational purpose only. This is no Investment advice. Always learn how to trade on a demo account first before risking your own Money.
- 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.
Follow us to receive future updates on the Major pairs and learn how to apply the Elliott Wave theory to the markets.
This is for educational purpose only. This is no Investment advice. Always learn how to trade on a demo account first before risking your own Money.
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