AUDNZD: ⬆️ Buy
– AUDNZD broke resistance zone
– Likely to rise to resistance level 1.2460
AUDNZD currency pair recently broke through the resistance zone located between the pivotal resistance level 1.225 (which has been reversing the price from May) and the resistance trendline of the daily up channel from March.
The breakout of this resistance zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (5) from the start of August.
Given the clear daily uptrend, AUDNZD currency pair can be expected to rise further to the next resistance level 1.2460 – target for the completion of the active wave 3.





