AUDNZD currency pair continues to rise after the pair broke the resistance zone located between the pivotal resistance level 1.10000 (which stopped the previous impulse wave 1 with the daily Hammer earlier this month) and the resistance trendline of the daily up channel from the middle of November. Given the strong daily uptrend and the widespread bullish Australian dollar sentiment seen across the currency markets today – AUDNZD currency pair can be expected to rise further
toward the next resistance level 1.11000.