AUDNZD: Hurst Cycles - 9th Feb 2022

Australian Dollar - New Zealand Dollar | Phasing Analysis Update, Outlook & Trading Strategy

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality

Phasing Analysis

Long Term

Components greater than and including the 18 month nominal cycle

Medium Term

Components less than and including the 18 month nominal cycle

Short Term

Components around the 80 day nominal cycle

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Summary

AUDNZD has long since established the 18 month nominal low, made in September 2021 and one of the first trades reported on via Sigma-L. Underlying trend is therefore still very much up at this point but we have our first major resistance above price - that of the 18 month FLD (yellow on medium term chart)