EURNZD - Bulls Eyeing the Structure Zone... Again!

📈EURNZD remains overall bullish, moving cleanly inside its rising channel. Each dip toward the lower bound has acted as a strong continuation zone, with buyers consistently stepping in to drive the next upward wave.

🏹As price approaches the lower trendline and the red structure zone, we will be looking for trend-following longs. This area has served as a key support multiple times, making it a high-probability level for the bulls to re-enter the market.

⚔️As long as EURNZD holds above this structure, the bullish trend remains intact and a new push toward higher highs becomes the most likely scenario. Only a confirmed break below the structure would weaken the bullish outlook.

Now we wait for the reaction at structure… will the bulls defend it once again? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr