The AUD has been weak, and the NZD has been strong, which has caused this drop. We could be expecting retrace to the 50% line, especially considering that there is divergence with the MACD. Also, we have an upside down head and shoulders, so there are lots of things pointing towards a 2-5 day ride up.
AUDNZDDivergenceHead and ShouldersLONGshorttermbull
Jacksonian

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