AUDNZD currency pair recently reversed up from the support zone lying between the key support level 1.05410 (former multi-month low from February), lower daily Bollinger band and the support trendline of the daily down channel from March. The upward reversal from of this support zone is likely to form the daily reversal pattern Bullish Engulfing – if the pair closes today near the active levels.. Given the strength of the aforementioned support zone – AUDNZD currency pair can be expected to rise further toward the next resistance level 1.06100 (which reversed the pair earlier this month).