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Possible Bullish Resolution on AUDNZD

Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
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FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis AUDNZD NZD aud Forex fx swingtrading
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trendanalysis supportandresistance mtfa audnzd nzd aud forex fx swingtrading
Main items we can see on the chart:

a) The price is above an ascending trendline

b) Currently, we can see a corrective structure (this type of structure tends to have a bullish resolution)

c) The corrective structure is supported on a relevant level

d) If the price breaks above the corrective structure we expect a bullish resolution towards the next level
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