EURNZD Possible Buy Setup

EURNZD Possible Buy Setup:

• wait and monitor closely for now
  
• watch for break of trend to the upside (should show flag on lower time scale above trend line for confirmation)
  
• if it goes back down below 1.47123, then set up is invalid and Daily level structure is still continuing E wave
  
• if it falls below 1.46922, then we are still in the C wave of the Monthly structure
  

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updated structure analysis on the Daily level:

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updated structure analysis on Hourly level:

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Updated structure analysis on 4 Hourly level: