AUD/NZD looking too corrective !

Look at how corrective this move was to the upside so a reversal is definitely expected. Also, AUD/NZD rejected the 78.6 Fibonacci Retracement on the Daily Chart, plus it broke the rising channel on the lower timeframe with a beautiful confirmation candle signaling the start of the reversal.

First Target: at 1.0700
Second Target: at 1.0551