#EURNZD: Bullish Setup
The overall market structure is Bullish
Price has been falling in a Bearish correction
The pair has reached a very strong demand zone
Which also aligns with supporting trendline
As you can see, the RSI indicator is in the oversold zone
I believe we would see a Bullish rebound
Price has been falling in a Bearish correction
The pair has reached a very strong demand zone
Which also aligns with supporting trendline
As you can see, the RSI indicator is in the oversold zone
I believe we would see a Bullish rebound
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