
A strong opportunity to buy the New Zealand dollar (EUR/NZD) is waiting
The New Zealand dollar (EUR/NZD) pair has begun
a strong upward trend again.
This follows a rebound from daily demand zones,
and after entering into accumulation on the 4-hour timeframe.
The pair has also established strong new demand zones,
indicating the continued rise and the dominance of buyers.
The new demand zones are located at the 1.9851 level.
A rise from these zones is expected if the specified targets are tested,
which are located at the 1.9910 and 1.9980 levels.
If the demand zones and the uptrend are broken and the uptrend closes below them,
with a 4-hour candle, the analysis and bullish scenario fail.