EURNZD Bullish – Range Breakout

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EURNZD Bullish – Range BreakoutEuro / New Zealand DollarCAPITALCOM:EURNZDfahimsafdar777Buy stop above range resistance has been triggered, confirming bullish expansion. 📊 What we see: • Clean breakout from consolidation range • Strong HH & HL structure forming • Momentum building after range compression • RSI holding above midline → bullish strength 🎯 Outlook: As long as price holds above 2.0000, upside toward 2.0150 remains likely. ⚠️ Watch for: • Retest of breakout zone (healthy continuation) • Drop back inside range → possible fake breakout Overall: Breakout + trend alignment → longs favored.