EUR/NZD: Bullish ContinuationEUR/NZDOANDA:EURNZDNato_FinancialsThe Euro is showing resilience following the European Central Bank's recent 25-basis-point rate hike to 2.50% in early September, a move driven largely by energy-related inflation risks. Although the RBNZ also recently hiked its official cash rate to 2.75%, the narrowing interest rate differential between the two central banks is shifting momentum, providing sustained upward pressure for the EUR against the NZD. Technical Confluence Market Structure: The pair is printing a textbook bullish sequence with consistent Higher Highs (HH) and Higher Lows (HL) following a clear Break of Structure (BOS) to the upside. Demand Zone Retest: Price has pulled back cleanly to retest the 1.9945 region, successfully flipping a previous consolidation barrier into a high-probability support base. Dynamic Support: The pullback is finding immediate support directly on the moving average bands (Williams Alligator), confirming that the short-term momentum perfectly aligns with the broader bullish trend. RSI Reset: The RSI has cooled off from overbought extremes and is holding firmly above the 50 mid-line (currently at ~56.03). This indicates a healthy structural pullback, leaving plenty of breathing room for the next impulse leg higher. Trade Execution Direction: Long Entry Region: ~1.9945 - 1.9953 Take Profit (TP): 2.01136 (Targeting the next major structural extension) Stop Loss (SL): Placed below the recent structural Higher Low and dynamic bands. Risk/Reward: 1:2.15