AUD/NZD in correction downwards, but no change in bullish trend

<p>AUD/NZD formed a short term top at 1.0840 on overbought condition and turn into corrective fall. While some more downside is likely in the cross, we&#8217;re not expecting a complete reversal in fortune. Downside of pull back should be contained by 38.2% retracement of 1.0415 to 1.0840 at 1.0678, which is close to 55 day [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/355418-aud-nzd-in-correction-downwards-but-no-change-in-bullish-trend/">AUD/NZD in correction downwards, but no change in bullish trend</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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