AUDNZD - Ready to continue the uptrend?

OANDA:AUDNZD   澳幣 / 紐元
52 0
AUDNZD has broken the downward corrective structure we have forecasted, which means price completed a (slightly) different structure, in reality. However, the bigger picture has not changes, and we believe that AUDNZD could still be in time for a strong up move, which could begin any time at this moment. We don't see any buy setup as yet, so the best suggestion is to wait for an impulse first, then go long on the first corrective structure, either on the 60min or on the 4hr timeframe according to how the structure develops. In any case, the long term perspective on AUDNZD remains "long", and the reward excellent, so let us keep an eye on this one. Updates will follow.
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