AUD/NZD critical breakout, waiting for pullback
The AUD/NZD has just broken out from the long standing 1.09150 support level on the back of massive impulsive selling. We're very interested in trading a pullback back into this area, with the anticipation of it acting as a role reversal level; the level also coincides nicely with the 38.2% and 50% of the latest bearish impulsive waves.