AUDNZD appears to have completed a 5-wave cycle, indicating a potential upcoming correction. Here's my outlook:
The RSI is showing divergence with the price, signaling that bullish momentum may be waning. Keep an eye out for a possible trend reversal.
The RSI is showing divergence with the price, signaling that bullish momentum may be waning. Keep an eye out for a possible trend reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.