Dollar Australia / Dollar New Zealand
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Diupdate

AUDNZD possible move to the upside

This is my view about the possible and highly probable move on this pair that will follow in the near future.

I am expecting/my analysis is showing Alternative 2 but am prepared for the possibility that it will break out sooner and in this case will follow Alternative 1. In case of Alternative 2 I will look for a short term sell setup as price action will retest the yellow trend line and go for a 3rd impulse down

Approximately the same setup is setting on the daily TF as well, so I will consider keeping a position open for a longer period of time as well.

Please do not follow my entry suggestion blindly since I am always adapting it according to the actual price action. You have to have a well tested strategy with good money management for entering such a trade.

Have a nice day!
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This is the trade we want: cuplikan

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