AUDNZD Daily - Wave Analysis

We finally got some movement on this pair. Have a look at my weekly Analysis to get a grasp of the bigger Picture:

• Price was sitting on the rising trendline and the 78% Fibonacci level
  
• Weekly and Daily indicators are strongly oversold.
  
• In the last hours we got a classic fake breakout with the NZD News.
  
  
• Price should rise from here strongly over the following weeks.
  
  

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