AUDNZD Bullish Setup: Potential Reversal in ProgressAustralian vs New Zealand DollarPEPPERSTONE:AUDNZDAmitradingWeekly Overview: Price is holding well at a key weekly support zone, forming a strong rejection candle—indicating buyer interest stepping in at this level. Daily Chart: We are seeing consistent bullish pressure with four consecutive bullish candles. This is a good sign that momentum is building on the buy side. 4H Chart: Price action has decisively broken the downtrend line, pierced above minor resistance levels, and successfully cleared the 50EMA—confirming a potential shift to bullish structure. 📈 Plan: 🔹 Bias: Bullish 🔹 Entry: Wait for retracement to discounted zone or confirmation candle above broken resistance 🔹 Targets: ‣ TP1: Previous 4H high ‣ TP2: Daily resistance zone 🔹 Invalidation: A break back below the 4H 50EMA and trendline support