We suggest paying attention to AUDNZD in which the Aussie looks much stronger long-term. Since April lows the pair has compeleted a rising 5-wave sequence followed by a 3-wave correction. It's not clear yet if the correction is over, for it may be more complex. Anyway, we expect AUDNZD to move up, at least to the area of previous swing high around 1.1350. The current resistance stands at 1.1192-1.1200.
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