The AUDNZD time cycles have been quite accurate, if the current cycles and movement continues, we should be in for an excellent buy opportunity starting from Monday next week around the 1.055 area.
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moving nicely to the target zone
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We are in the zone (1.055) for building long positions, however due to the time cycles I will open a small long position now, and look add larger positions from next week to be in line with the time cycle.
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Also, see my weekly chart, this could go as low as 1.04. anything beyond that I'll start looking at taking losses.