I expect growth – laboriously but still effectively price is breaking out from a descending wedge and portends further increases. At the H4 chart of AUDNZD we can see consolidation in a form of a flag that is likely coming to an end giving a signal for continuation of growth. The next area of resistance is 1.05, and there I will shut my orders. And if again after a pullback a bullish signal will appear at upper range of the flag (as seen on chart H4) I will buy again and place TP in the vicinity of the next zone of resistance 1.06.
