AUD/NZD is in long term interval of a descending trend and could record the bottom price of 1.22196. By breaking this level the price will find the ability to reach the important supportive level of 1.21000. Yesterday candle with a small body shows indecision market to ascend or descend and this is a warning for sellers in changing price direction (it is a need for confirmation of other factors). Between the top price of 1.30727 and the bottom price of 1.22196 there is a non-ideal AB=CD harmonic pattern with the ratios of 61.8 and 127.2 that with completing the D point of this pattern, there is a warning for ascending of the price.
An interesting point is the formation of a butterfly pattern inside the AB=CD pattern that simultaneously shows changing of price direction. RSI indicator is in saturation sell area that supports the price level of 1.22196 and generally warns about changing of price direction. According to the formed signs until the price level of 1.22196 is preserved, the price has the potential for ascending and reforming of the previous descending trend in this range.