AUDNZD on the way to the Target by ThinkingAntsOk

Main items we can see on the chart:

a) We observed a clear minor corrective structure after the breakout of a major corrective structure

b) This structure was also supported on a clear horizontal zone (support/resistance)

c) When we find this kind of situations with coherence in multiple aspects, we can say we are in front of a high-quality setup

d) The movement is currently going as expected (from a technical perspective) and we wait for the resistance zone to be hit