AUD vs. NZD long potential with 4.70ish RR

Going to buy this level as the price is ranging from 1.0965 to 1.1050 for a week now. Its a bit risky as we can see more downtrend to 1.0930 maybe even to 1.0830. If that happens i'll wait for a retest then goint to get some short positions.Overall trend is still bullish.