AUDNZD Breaks Through Resisting Trendline
Short Term Elliott Wave Pattern Favors Upside
Current Price: 1.1338
Support at the 61.8% Fibonacci level along with the break above the resisting trendline drawn off of the August and November highs favors strength. 1.1137 is critical for any bullish outcome. A break above 1.1387 bolsters the bullish case.