In this video, we take an in-depth look at the EURNZD. The pair has recently undergone a significant bullish rally and now seems overextended, hitting a critical resistance level. Due to this extended move, I'm seeking a buy opportunity on a Fibonacci retracement.
I discuss my observations on price action, market structure, and the overall trend. Keep in mind that this content is for educational purposes only and not financial advice. Trading involves substantial risk, so always implement responsible risk management strategies.