EURNZD 4H Forecast: Bulls Eye Reversal Off 1.9600 SupportEUR/NZDOANDA:EURNZDMuhammadTradesEURNZD is carving out a sharp reversal after a steep multi day selloff, with price stalling and printing early bullish rejection candles right into the 1.9600 to 1.9635 area on the 4H chart. 📌 Structure: The pair dropped hard over the last several 4H candles with barely a pullback, and is now showing the first real hesitation, a small basing pattern with buyers stepping in against the trend. 📌 Demand Zone: 1.9600 to 1.9635 lines up with the recent low and reaction wicks, a logical spot for exhausted sellers to hand control back to buyers. 📌 Sentiment: EUR has been broadly pressured against NZD this week as NZDUSD outperforms, but stretched moves like this often mean revert, and EURUSD holding up relatively well versus DXY supports a EUR side bounce. 📌 Catalyst: Eurozone data and RBNZ commentary this week could be the trigger for a snapback move if EUR flows stabilize. 📍 Entry: 1.96359 on confirmation of the reversal 🎯 Target: 1.99060 into the next major supply zone Not financial advice, just reading the chart as it develops.