After 60 days of falling, time to take breath and make small crrection.
SL 1.0418 just under pin. D1 candle from today is very importent, we need to wait and see.
That should interest you
AUDNZD can still be trading in sub-wave (iv) after recent three-wave a-b-c decline, especially if we consider a small triangle pattern in a wave b. That said, watch out for a bounce and a turn back to the highs for wave v) of iii as part of…
AUD/NZD made a sharp recovery in 2020, up from 0.999 level, which is a suggestion that the trend can be changing to bullish mode. We labeled rally from the lows as a wave 1/A, first leg of a bigger, minimum, three-wave recovery, which has found…