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AUDNZD In A Correction Within Uptrend

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September 11 2017

AUDNZD looks nice, now sideways after some sharp move through August. I think this trend may resume to higher levels after current wave four is done. One possibility is that this is a triangle in wave 4) while above 1.1022 holds. If this swing is broken then wave 4) can be deeper, but still corrective set-back that may stop later at 1.0979 support. That said, sooner or later price can be at the highs, unless we see fall below 1.0858!
GH




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