AUDNZD Demand Zone – Cautiously Bullish
AUDNZD has a demand zone from a trendline and horizontal support. I'm not jumping on the breakout hype, but if it holds, could see a move higher.
AUDNZD Demand Zone
People get excited about breakouts. I've seen plenty of fakeouts. That said, AUDNZD has a demand zone that catches my eye – a rising trendline and a horizontal level that's held before. If it bounces cleanly, the old target around 1.2278 still makes sense.
I'm not piling in yet. Need to see price respect the zone with conviction. Until then, I'm watching, not chasing.

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