AUD/NZD Price Outlook – Trade SetupAustralian Dollar / New Zealand DollarFOREXCOM:AUDNZDATFX_Global📊 Technical Structure AUDNZD AUD/NZD remains in a strong bullish trend, printing higher highs and higher lows, driven by strong momentum and macro support. The recent rejection from 1.2230 resistance is more of a profit-taking pullback, with price now holding above the 1.2199–1.2206 support zone, which aligns with previous breakout structure. As long as this support holds, the trend favours continuation to the upside. Short-term bias: Bullish above 1.2199 🎯 Trade Setup (Buy on Pullback) Entry Zone: 1.2199 – 1.2206 Stop Loss: 1.2194 Take Profit 1: 1.2251 Take Profit 2: 1.2259 Risk–Reward Ratio: ~1:3.78 📌 Invalidation: A clean break below 1.2175 would signal deeper correction and weaken the bullish structure. 🌐 Macro Background Australian CPI surged, strengthening expectations for RBA rate hikes, which supports AUD strength (source: FXStreet). While price pulled back from highs, the macro backdrop still favors buying dips rather than selling rallies. 🔑 Key Technical Levels Resistance Zone: 1.2251 – 1.2259 Support Zone: 1.2199 – 1.2206 Invalidation Level: 1.2194 📌 Trade Summary Trend remains bullish despite short-term pullback. Preferred strategy: Buy the dip above support, targeting continuation toward recent highs. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.