AUDNZD Wave Analysis - Weekly momentum kicking in

The weekly momentum is finally kicking in. After the fake breakout on the weekly TF we had a retracement the whole week.

Long term perspective:

We now got:

• Retracement to 61% fibonacci level
  
• 5-Wave structure to support
  
• RSI-Divergence on 1H
  
• Oversold indicators on 4H
  
• Price action candlestick signal at support