Weekly Analysis for EUR/NZD

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📊 Weekly Analysis for EUR/NZD
🔍 Technical Outlook by Shaker Trading

✅ Strong Bullish Structure:

Powerful Ascending Channel (Weekly):
The pair is moving strongly within a well-defined rising channel, confirming bullish market momentum.

Mild Oversold Signal on RSI:
A slight oversold condition has been detected on the RSI indicator, suggesting a potential slowdown in bearish pressure.

Key Demand Zones Identified:
Price is approaching strong demand areas, increasing the probability of a bullish reversal or continuation.

📌 Trading Outlook:
We expect the pair to bounce from the current demand zones, with potential for a continued move to the upside in alignment with the dominant trend.

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