The EURNZD is trying to break the descending trendline resistance.

The long term downtrend line and triangle resistance is being tested. A break of the 1.6851 on a closing basis (which is the 61.8% Fibonacci retracement from the mid December highs to lows) could signal a move back above the 1.7000 level is underway. RSI is pointing higher suggesting this may happen in the coming sessions.

Steve Voulgaridis