EUR/NZD on a 1-hour timeframe

The price has reached The 1D-FVG (1-Day Fair Value Gap) and is showing signs of rejection.

The current price is around 1.80040-1.79935, which is slightly below the resistance zone.

The blue highlighted area around the 1.7800 level represents a strong support zone.

The projection indicates a potential bearish move from the current price level down to the support zone around 1.7800.

The primary target is around the 1.7800 level.


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