AUDNZD - Long-Term Resistance Test, Correction Ahead?AUD/NZDOANDA:AUDNZDRayannsrAUDNZD remains overall bullish on both the weekly and daily timeframes, continuing to respect the two ascending channels shown in red and brown, with the red channel representing the impulsive phase within the broader brown structure. Price is now testing the upper boundary of the weekly bullish channel and has been consolidating recently inside the smaller blue channel. For sellers to gain control and increase the probability of a broader correction phase, price would need to break below the green area, which would also confirm a break of both the red and blue channels. At the same time, we can observe a developing bearish divergence, which may add more weight to the corrective scenario. From a medium to short-term perspective, price is also approaching a red supply zone, creating an area where we can start looking for sell setups on lower timeframes as part of a corrective move inside the blue channel. The reaction here may reveal whether the market is preparing for a healthy correction, or if the broader bullish trend is ready to continue. ⚠️Disclaimer: This analysis reflects my personal market view and is not financial advice. Rayan Nasser #AUDNZD #AUD #NZD #Forex #TechnicalAnalysis #PriceAction #Trading #MarketStructure