EUR/NZD - We reached a strong support area - time to grow?

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Hi guys we are looking into EUR/NZD -

A. Key Support and Resistance Levels
Resistance: Look for resistance levels at 1.8200, 1.8400, and 1.8600 if the uptrend continues.
Support: The key support zones to monitor are 1.7800 and 1.7600 in case of pullbacks.
B. Moving Averages
If the 50-day moving average crosses above the 200-day moving average (Golden Cross), it signals a bullish continuation.
A price movement consistently above the 200-day moving average suggests a long-term uptrend.
C. Trendlines and Chart Patterns
A breakout above a descending trendline could indicate bullish momentum.
A bullish flag or ascending triangle pattern could suggest further price appreciation.
D. RSI & MACD Indicators
RSI (Relative Strength Index): If RSI remains between 50-70, it supports a steady uptrend. An overbought RSI (>70) may indicate a temporary pullback before further gains.
MACD (Moving Average Convergence Divergence): A bullish crossover above the signal line suggests growing upward momentum.

Our entry would be looked in as follows -

1.82200 Entry price

Target 1: 1.83000
Target 2: 1.83950
Target 3: 1.84350

SL: 1.81350

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