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CarlosBMN

(4h) AUDNZD correcting after perfect Upward Impulse pattern

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
CarlosBMN  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Elliott Wave Fundamental Analysis AUDNZD short TERM LONG wave analysis
2
0
elliottwaves fundamental audnzd short term long wave analysis
Despite no significant upcoming economic indicators from neither Australia or New Zealand central banks, a correcting movement is observable after a perfect impulse pattern. Expect a flat corrective wave before the next impulse. Trade on rallies if you're a scalper, otherwise just wait for the Wave C go deeper into the 1.0300 price area.
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