The AUDNZD will be making its way upwards as the main Support has been reached and price has shown signs of struggle in getting past the level. A trend reversal pattern is about to form and when that does its a good buy to risk 204pips in pursuit of 540pips. Another 540pips for Target Profit 2.
Strictly for swing traders.
Also note that viewing the chart from the Weekly time-frame, you will discover the whole time the price went below the Support Level, it was mainly the Weak.
audAUDNZDChart PatternsNZDTrend Analysis

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