Analysis of the New Zealand euro and the best buying areas

Strong buying opportunity on EUR/NZD. 

 

The EUR/NZD pair is still moving in a sideways trend. 

The pair was able to form strong demand areas for the 4-hour frame. 

This was after a false break of strong support levels.

It is expected to rise from the demand areas to the targets specified on the chart. 

The pair fails to break and close below the specified demand areas.

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