In bigger picture, this pair is actually in a very decent downtrend, however, in medium -term things are a bit more complex.
Currently AUDNZD looks heavy but a better confirmation would be a clear break of the former neckline. If that happens then we could see fast move towards 1.0930 area.
Time will tell. Watching.
Currently AUDNZD looks heavy but a better confirmation would be a clear break of the former neckline. If that happens then we could see fast move towards 1.0930 area.
Time will tell. Watching.