AUDNZD at PRZ and Yearly Resistance — Watch This CloselyAustralian Dollar vs. New Zealand DollarFX:AUDNZDpejman_zwinAUDNZD(AUDNZD) is currently moving within a heavy resistance zone(1.2524 NZD-1.2120 NZD), near the resistance lines, and the yearly resistance(2), while also being inside the Potential Reversal Zone (PRZ). From an Elliott Wave perspective, it appears AUDNZD has completed its main wave 5 by the ending diagonal and is now forming a Zigzag correction(ABC/5-3-5). I expect AUDNZD, after breaking the support lines, to decline at least toward 1.216 NZD. First Target: 1.2160 NZD Second Target: 1.2130 NZD Stop Loss(SL): 1.2287 NZD Points may shift as the market evolves Note: Tomorrow, the key CPIs(AUD) and indices will be released, and upon their publication, we may see heightened volatility in the AUDNZD pair. What’s your view on AUDNZD? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Australian Dollar/New Zealand Dollar Analysis (AUDNZD), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.