EUR_NZD: With bullish engulfing candle arise from the bottom, there is a possibility for Euro to rise up to the top of resistance level.
A flag pattern is now on the way, so definitely the Euro could still go one more up to the resistance level.
A lot of possible formations could be seen along the way, with ABCD and head and shoulders patterns can be created.
With a good risk reward ratio, and possible formation could create I go for buy.