EURNZD: Bullish Rebound Toward 1.9740?Trading

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EURNZD: Bullish Rebound Toward 1.9740? TradingEUR/NZDOANDA:EURNZDKlejdiCuniEURNZD: Bullish Rebound Toward 1.9740? EURNZD is showing a short-term bullish setup after repeatedly finding strong support around the 1.9570–1.9580 area. The pair has reacted from this demand zone several times, showing that buyers continue to defend the area. After the latest rejection, price is attempting to recover, creating the possibility of another move higher. The main obstacle is the descending trendline, which has capped previous rallies. A sustained move above the 1.9700 resistance area would strengthen the bullish scenario and could open the way toward the trendline and the 1.9740 target. 🎯 Bullish Targets: 1.9700 1.9740 You can find more details on the chart. Thank you! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️