EURNZD EUR/NZD TECHNICAL OUTLOOK - February 24, 2025
EUR/NZD is testing a strong support zone around 1.8170–1.8200, where a bullish reversal is likely if the price holds. The target area is at 1.8493, a previous high. A bounce from support could drive the price higher, but a break below 1.8170 would suggest further downside. Watch for confirmation of a rebound for a potential long entry.
EURNZD I dont like the super green 1HR candle but i stick to my analysis on all higher time frame narratives, looks like this wants to break 1.8540 levels (HH) - i will closely monitor the price action and look for layering. Good luck