We now have a five wave rally in place since the low at 1.1605. I will be looking for a continuation higher towards 1.5355 in wave v of 5, but with the new high above the top of wave 3 at 1.5030 all requirements is fulfilled and a top could be in any time now.
A break below wave iv of 5 at 1.4799 will confirm that wave 5 is over and that a correction towards the 1.3920 - 1.4050 zone is developing.
Maybe it's time to look for a low in AUD/NZD... See the chart below
Please also see my long term Count from July 4 - 2013 here: http://theelliottwavesufer.blogspot.dk/2013/07/elliott-wave-analysis-of-audnzd-long.html
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