AUDNZD continues to rise inside the accelerated short-term impulse wave (c) which previously broke the resistance area lying between the key resistance level 1.07700 (monthly high from November) and the 61.8% Fibonacci correction of the extended downward impulse 1 from the middle of August. Given the rising bullish sentiment affecting the Australian dollar today on global risk sentiment improvement- AUDNZD currency pair is expected to rise further toward the next resistance level 1.08850 (monthly high from October and the target for the completion of the active wave 2).