EUR/NZD Analysis and Expected Buying Zones on the Daily Timeframe

A Strong Opportunity to Buy the EUR/NZD Pair Soon

 

The EUR/NZD pair is moving in a strong uptrend on the daily timeframe.

The pair has begun correcting in the past few days.

This corrective movement is expected to continue now.

It will reach the buying demand zones located at 2.0135,

 which are considered one of the most important buying areas at the moment.

If the pair falls below the indicated demand zones, it is expected to rise from them

to the targets indicated on the chart at 2.0250 and 2.0380.

The analysis fails to break and close a daily candle

 below the specified areas.