Dollar Australia / Dollar New Zealand
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AUDNZD: Bullish Leg continuation?

516
From a technical point of view, the AUDUSD pair is very interesting and attractive, especially on a lower time frame. If we look at 1H chart we see that the pair completed 12345 bearish impulse structure (or part of corrective structure) and subsequently triggered reaction from wave 5. From our point of view, it should be correct to try to take a long position on pullback with Target 1 around to 1,078.

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