AUDNZD Chart Technical Outlook

AUDNZD Chart Technical Outlook in a corrective sequence lower, next support is seen at 1.0989
AUD/NZD completed a disjointed five-wave count to the upside (Elliott wave). That would suggest we are now within the corrective ABC sequence to the downside. The next support level is located at 1.0989. Resistance is seen at 1.1029. I would expect this cross to remain range-bound for days to come.

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