EURNZD approaching an oversold area

on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.

on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet).

so we are waiting for a third swing to form around it to consider it objective and enter on its break upward.