AUDNZD may be looking to pull back soon. The center line of the pitchfork has been a good place of resistance. You will notice, on this 8hour chart, the stochastics are showing signs of the pair being over bought. In addition, a bearish Gartley is forming. AB=CD@1.29220 which is very close to the 1.618 extension. Should the pair reach this point a reasonable pullback may occur considering the overall trend on a daily chart is down.
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