AUDNZD Heart of a 3rd wave up

AUDNZD - This pair had a large 5 wave move down from Mar 2011 high and looks to have made a bottom in April of 2015. Off of this April low the move up counts best as 3 waves and we currently appear to be in wave (iii) of C up. Ideal targets for wave (iii) are in the 1.25-1.38 region. After we top of wave (iii) we should ideally hold the 1.09 are for wave (iv) before heading higher to complete wave (v) of C.

I agree with you completely keep himself down position on this pair, for whatever strategy you are working?

Very interesting study and analysis. I guess one must be patient to spot those changes in the waves.