Early this week, we spotted a complete corrective pattern between 1.0432 and 1.0494 after watching Audnzd very closely for some time.
We recommended to our Telegram Channel followers to consider a buying order if price broke above 1.0540.
Price rallied a bit and the impact result of the US elections further dipped the price to 1.3060 and we re-adjusted our analysis as shown above.
Now that price has properly broken above 1.054 and even the channel, to complete a zigzag pattern.
The next level to watch out for is 1.09 and 1.2.
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