Elliott Wave Analysis: AUDNZD Trading Bullish

Dolar Australia / Dolar New Zealand (OANDA:AUDNZD)

OANDA:AUDNZD Dolar Australia / Dolar New Zealand

trendanalysis chartpattern waveanalysis audnzd elliottwaves correction impulsive

AUDNZD is trading higher, unfolding a five-wave bullish impulse towards the Fibonacci ratio of 100.0 or even 123.6. Specifically we see price trading at the end of sub-wave 3), which means a temporary corrective pullback may follow in the near-term.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

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