AUDNZD made an impulsive intraday five-wave decline from the projected target, confirming resistance is in place. The pair is now approaching the 1.20x resistance area for wave (C) of an (A)(B)(C) corrective structure. A continuation lower may follow soon, potentially starting near the 1.2050 level.

We have launched special offer for members only application – where you can test our services for 1 month just for 20 EUR!
Become a premium member
Get daily Elliott Wave updates for US Single Stocks, SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.
