EURNZD - Breakout & Fibonacci Extension Targets

EURNZD is moving in a strong uptrend, confirmed by both weekly & monthly closes above the 1.96-1.98 zone.Fibonacci retracement shows price holding above the 0.382 and 0.618 levels.A clear breakout above 2.00-2.12zone(fib extraction targets). Risk management: Trailing stop under each weekly candle (1-1.5ATR).As long as weekly closes stay above 1.96,the bullish momentum remains intact.