The "bully" AUD/NZD made some progress but it surely wasn't what I hoped for. I still believe the larger pattern suggests this pair will go up, the question is "when".
As it turns out that latest move up is most likely another X-wave. So I assume we are now going down in a Z-wave but this pair shouldn't trade under 1.0237 (invalidation).
Also note that EUR/NZD seems to be in the late stages of an ending diagonal. I would make sense that both pairs will turn roughly at the same time.
AUD/NZD daily chart:
AUD/NZD: 60min chart:
EUR/NZD daily chart:
