AUDNZD 1H Chart

Price is retrecing to 38.2 fib level.
right on 38.2 fib level we got previus major ressistence zone that has potential to become a support now.
We can go long cuz we have 2 conformations for a buy.
1. Previus ressistence that can become support.
2. Price is retrecing to 38.2 fib level.