#AUDNZD short on shark & DT
After a rally on RBNZ rate decision, the PA failed to make a new high, instead, rejected at TL (trend line) of the descending channel. The 161.8 ext of previous LH (lower high), and ABCD completion, provides a support at the moment.
Expected ret. to T1 (38.2) if the PA should cont. bullish move beyond 1.10
Expected ret. to T1 (38.2) if the PA should cont. bullish move beyond 1.10