AUDNZD Forecast: Reversal Setup Building at Key SupportAUD/NZDOANDA:AUDNZDMuhammadTradesAUDNZD is flashing an early reversal setup on the 4H after weeks of grinding lower into a well tested demand shelf. 📌 Structure: Price is basing above the 1.1930 to 1.1950 zone, printing higher lows and reclaiming short term structure, a textbook early reversal footprint before a push back toward resistance 📌 Support/Resistance: Holding just above a demand shelf that's been defended multiple times, with the 1.2020 supply zone above marking the level that previously rejected rallies, now the line in the sand for this breakout attempt 📌 Sentiment: A firmer RBA tone against a more dovish RBNZ path is widening the policy gap in AUD's favor, while broader USD softness (DXY) is giving risk-sensitive currencies like the Aussie room to run 📌 Catalyst: Upcoming RBA and RBNZ rate decisions, plus China data prints (a key AUD proxy via AUDUSD), are the near term triggers that could confirm this reversal or invalidate the setup 📍 Entry: 1.19539 🎯 Target: 1.20217 : lines up with the prior supply zone, first logical target for this AUDNZD price prediction if the reversal holds and support keeps forming higher lows Keep an eye on NZDUSD too, since relative NZD weakness is the other half of this cross's momentum. Technical analysis here favors bulls as long as structure holds above the base. Not financial advice, just reading the chart as it develops.