AUDNZD - 240 - Could we get a pop?

Quick idea.

AUDNZD continues to slide and seems to be forming somewhat of a falling wedge pattern. For now, we will remain neutral, but there is a good possibility we may see the pair pushing back up a bit, given that it has declined significantly in a short period of time. In order to get comfortable with the upside, we need a daily close above the upper side of the possible wedge pattern.

Please see the chart for details.

Don't forget your stop-loss.