EURNZD SHORT VIEW AFTER NEWS - POI H1

On the EUR/NZD pair, we have a bullish setup. At the market open, the New Zealand dollar appears to have gained strength after the release of AUD data. The objective of this trade is a retracement around the 1.77 area, where we have a point of interest (POI), specifically a supply zone within another supply zone. The target is 1.7547 with a risk-to-reward ratio of 1:2.5. It would be fantastic if you could share your opinion and support our work with a like. Greetings from Nicola, CEO of Forex48 Trading Academy.