Main items we can see on the chart:

a) The price has reached a major Resistance Zone

b) Before that, we have observed a breakout of a clear corrective Structure

c) The Target of that breakout goes beyond the current resistance

d) However, we expect a correction on the current level before the continuation of the bullish trend
audAUDNZDForexMultiple Time Frame AnalysisNZDSupport and ResistanceswingtradingTrend Analysis

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