AUD/NZD currency pair analysis
The general trend is ascendant. The inner descendant structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of the wave C — 1.0703.
Stop-loss under the local minimum of the descendant structure — 1.0665.
Target levels: 1.0750; 1.0790.
