EURNZD Analysis: Bounce & BreakoutHello traders!
EURNZD is in a 1h range and is offering two trading scenarios.
The first scenario suggests the pair may react bearishly from the resistance zone, setting up a bounce opportunity that could drive price lower toward the 1.90000 area.
The second scenario anticipates a breakout above the resistance zone, followed by a retest, which could present a strong opportunity for continuation toward the 1.92000 area.
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