EURNZD – Demand Zone Rejection with Upside Targets Ahead

EURNZD is currently trading inside a well-defined Demand Zone Area, where price has shown multiple signs of rejection after a prolonged DTA (Drop–Trapped–Accumulation) structure. The market previously formed a clear Range Phase, indicating liquidity buildup before directional movement.

Price has tapped deeply into the demand zone, showing slowing bearish momentum and early signs of accumulation. If buyers continue to defend this zone, a bullish reversal toward the upside becomes likely.

The first objective sits at the minor supply / internal liquidity zone, marked as the first Target. If momentum strengthens, price may extend toward the Strong Supply Zone, which aligns with the second Target area. This zone is where major sellers previously stepped in, so strong reactions may occur once reached.

Overall, the chart suggests:

Demand Zone holding → potential bullish reaction

First target: internal supply

Second target: major supply zone where a larger reversal could form

A bullish continuation is favored as long as price remains above the demand zone area.