EURNZD: Bullish Continuation After Pullback

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EURNZD is currently trading within a rising, expanding channel and recently reached a new higher high on a 4-hour timeframe, violating a significant horizontal resistance level.

This could indicate a possible continuation of the upward trend towards the 1.920 resistance level.

The best entry point to consider is within a demand zone formed by a broken structure and the trend line of the rising channel.

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