AUDNZD will either make a new leg in its 4hr flag pattern, or break below towards next support.
If it creates a new leg, we still expect it to then crash through the flag pattern afterwards.
On the Daily there is a much larger flag pattern, and price is currently near the bottom. We expect price in the longer-term to bounce back up towards the upper levels of the flag, after the price correction written above.
If it creates a new leg, we still expect it to then crash through the flag pattern afterwards.
On the Daily there is a much larger flag pattern, and price is currently near the bottom. We expect price in the longer-term to bounce back up towards the upper levels of the flag, after the price correction written above.
