AUDNZD Weekly Wave Analysis
AUDNZD completed the selloff of the multiyear 5-Wave to the downside.
Market is currently oversold on weekly and daily chart with support coming from technical as well as from fundamental site.
The AUD is going to gain a lot of strength over the coming weeks and months. So keep your eyes open for long trades as we will get a strong move to the upside.
Price hit the 78% Fib Level and engulfing pattern was formed.
Market is currently oversold on weekly and daily chart with support coming from technical as well as from fundamental site.
The AUD is going to gain a lot of strength over the coming weeks and months. So keep your eyes open for long trades as we will get a strong move to the upside.
Price hit the 78% Fib Level and engulfing pattern was formed.
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