AUDNZD is trading in a sharp bullish trend on a daily.
from the 18th of August, the pair is consolidating within a falling wedge pattern. this night the market broke and closed above its resistance line on 4H. with a retest and positive reaction, chances are high that the pair will keep growing.
I think what was missing from the analysis to go long was that after price broke out and found support,you need a higher high above the support candle. It never happened, so it was a false breakout. I currently have a bearish bias for this pair.