EURNZD: Setup for a bullish reversal

Updated
Too late to chase a short position, price has retraced back towards the demand zone at 1.6570/1.6450.

I expect the price to push higher within the next few weeks.

EURNZD Long
Entry is valid as long as price is above 1.6450
SL: 1.6320
TP: 1.7060
Comment
We are running +255 pips in profit. Stops should be moved to break even.
Trend Analysis

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