AUDNZD Chart Technical Outlook bullish Butterfly completes at 1.0806
We have witnessed strong selling pressure from the 1.1030 swing high. The cross is consolidating within the support zone of 1.0826 – 1.0804. A move to 1.0806 will form a bullish Butterfly pattern. Intraday resistance is located at 1.0926. Although there is scope for mild selling pressure, I would look for losses to be limited. 1.0806 is prime support.
