Possible Buy Opportunity on EurNzd

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Looking at EurNzd, this pair has been under my radar for a while now. Mostly because price has been ranging for quite some time now since it's reached the non-horizontal support level. It may seem like price is rallying to break some market structure. if we look on the daily timeframe, price is currently testing a daily resistance level that shows some strong significance. If price is able to definitively close past this level, a sign of strength could be identified.

Scoping down to the 4H timeframe, although I want to see price break the overall daily resistance level, there seems to be another level of interest on the lower timeframes. I've outlined another level that is a trigger for a potential buy execution. So bottom line, if price breaks and retests the daily resistance level = sign of strength (bullish bias). If price breaks and retests the 4H resistance level above = buy opportunity is valid. Let's wait and see how she plays out.

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