AUDNZD completes AB=CD at Fibonacci confluence.
The AUDNZD completed the AB=CD from the highs above the 1.1000 level to below the 1.0750 level. However, we may be ready to bounce back to the 50dma near the 1.0850 level now that we hit the confluence of support at the AB=CD completion and 61.8% Fibonacci retracement level of the July lows to August highs and 161% extension of the early September lows to Sept 10th highs. 1.0720 should contain any dips in price near term now.
