AUD/NZD - Look for a break above 1.0919 to confirm a move higher to at least 1.1057

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AUD/NZD:

 

With a clear break above the resistance-line from 1.1581 I will be looking for a break above neck-line resistance at 1.0919 as a break above here confirms that wave iii higher is developing, but it also activates a minor double bottom.

The target for wave iii will at least be at 1.1057 and possibly even higher at 1.1257.

 

Short term support will now be found at 1.0808.