Best Long-Term Buying Zones for the EUR/NZD Pair

The EUR/NZD pair is still attempting to decline and target the daily demand zones, which are located near the 1.9609 level, as shown on the chart.

The identified demand zones are currently the most important buying opportunities for the pair, as they coincide with strong support levels and areas of previous accumulation.

Expected Targets

Currently, if the identified demand zones are tested, a return to the upward trend is expected, reaching the targets shown on the chart near the 1.9700, 1.9800, and 1.9900 levels, respectively.

However, this analysis and the expected upward movement of the pair will be invalidated if the demand zones are broken and the price closes below them with a bearish daily candle.