EURNZD facing bullish pressure, potential for further upside!

Price is above 1st support at 1.64878 in line with 127% Fibonacci retracement and 127.2% Fibonacci extension . It could potentially bullish from 1st support at 1.64878 in line with 127% Fibonacci retracement and 127.2% Fibonacci extension to 1st resistance at 1.69271 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Our bullish bias is further supported by price is seeing a bullish divergence in RSI. Otherwise price may continue to bearish to 2nd support at 1.63224 in line with -27.2% Fibonacci retracement and 200% Fibonacci extension.

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