EURNZD weekly technical analysis

The New Zealand Euro is now trading near good selling areas, and we mentioned them last week to be the best selling areas, extending from 1.72998 to 1.73470, with targets extended to 1.71536. After achieving the last target, it is expected that the bottom of the week will form at the beginning of a corrective upward wave to target the level of 1.72184, but in the event of closing The positive and the occurrence of a break out by closing a four-hour candle, above the level of 1.72998, so we expect the beginning of a bullish wave to form to be the best buying liquidity areas extending from 1.72998 to 1.73470 to target the selling liquidity levels extending to 1.75029, including it is expected to form the top of the week and form a corrective descending wave to target the level of 1.74264