AUDNZD Chart Technical Outlook is the corrective AB leg
The big-picture analysis is that we are trading higher within the corrective AB leg.
Breaking down into a shorter time frame, we can note a resistance zone between 1.0894 and 1.0916
The one-hour chart suggests an early correction. We are breaking out of the ending wedge formation to the downside. This pattern has a measured move of 1.0827. Intraday resistance is located at 1.0885
