AUDNZD is in correction mode bearish forecast for the long term

Idea is based on Elliott wave theory. According to my count, corrective wave nr 4 is on-going. Expect price to retrace into the 0.382 before wave nr 5 can initiate. Ratio confluence of waves nr 1 and 3 is used for the selection of the target. Good luck
AUDNZDElliott WavefibextensionsFibonacci RetracementfibratiosshortStochastic Oscillatorstochasticdivergence

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