EURNZD Breakout Incoming? Watch This Zone Closely!

The Euro has broken out of a long-standing bearish trendline, signaling a potential shift in momentum.

🔍 Key Levels to Watch:

Resistance: 2.0000 (psychological & technical level)
Support: 1.9042
Current Price: 1.9202

What I'm Seeing:

Price has broken the descending trendline and is consolidating above support.

A successful retest of the 1.9042 support zone could trigger a bullish wave toward 2.0000.

Two scenarios to watch:

Aggressive move: Price continues upwards from current consolidation.

Retest play: Price pulls back to support, forms a higher low, and then launches.

📊 Trade Idea (Not Financial Advice):

Buy zone: 1.9050–1.9100 (upon confirmation)
Target: 2.0000

Invalidation: Clean break below 1.9000

Momentum is building, and a rally toward 2.0000 could be on the horizon. Patience is key — wait for confirmation.

What are your thoughts on EUR/NZD? Bullish or bearish?