It looks as though AUDNZD is returning back to the trend line on the daily - awaiting a reversal pattern or a strong bullish impulse to confirm that this trend line is to be respected.
Comment
⋅
approaching the daily trend line. Awaiting a break and a close outside of the upper trend line in red or a reversal pattern eg H&S, double bottom etc. to signal a reversal
Trade active
⋅
I am long from 1.06076 - we will probably see a retest of this level of this initial surge.