accumulation stage of EURNZD

EN is currently on its accumulation stage on the market ( a stage that occurs after a decline on the market) typically raging on the support and resistance as we can see.... I'm patiently waiting for a break of resistance (1.7274) and retest to continue the cycle (advancing stage) to the upside(1.75608)... this analysis is based on pure price action and it's of course not considered an investment advice