Audnzd was rejected from monthly roof cam R4 and from the the top of regression channel. And if we consider previous breakout structure the projected move becomes pretty clear. I needed to check this as this thing correlates with EUR and AUD. I would look for short setups on minor timeframes when price gets below yearly pivot (red line).
This is no financial advise.
Top Absolute Correlation
1 AUDNZD - AUDCAD 85.9%
2 AUDNZD - EURAUD -85.5%
3 AUDNZD - AUDSGD 85.0%
4 AUDNZD - AUDCHF 81.8%
5 AUDNZD - NAS100 81.1%
6 AUDNZD - AUDUSD 80.1%
7 AUDNZD - EURGBP -77.9%
This is no financial advise.
Top Absolute Correlation
1 AUDNZD - AUDCAD 85.9%
2 AUDNZD - EURAUD -85.5%
3 AUDNZD - AUDSGD 85.0%
4 AUDNZD - AUDCHF 81.8%
5 AUDNZD - NAS100 81.1%
6 AUDNZD - AUDUSD 80.1%
7 AUDNZD - EURGBP -77.9%