AUDNZD Chart Technical Outlook

AUDNZD Chart Technical Outlook trades close to the 261.8% extension of 1.0910
Elliott Wave analysis would suggest limited upside pressure in the cross with a 261.8%, and possible 5th wave completion, located at 1.0910. There is ample scope for a correction to the downside. Bespoke support is not seen until 1.0786. It should be noted that my preferred stance and system setup would be to buy into dips.

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