EUR/NZD faces support around 1.7040, break below targets 1.6960

FX:EURNZD   Euro / New Zealand Dollar
144 1 6
EUR/NZD has made a high of 1.71958 and declined from that level. It is currently trading at 1.7069.

The pair is facing trend line support around 1.7040 ( trend line joining 1.686 and 1.6976) and any break below targets 1.6960/1.6900/1.6860.

On the higher side major resistance is around 1.7120 and any break above targets 1.7190/1.7230.

It is good to sell on rallies around 1.7060-70 with SL around 1.7125 for TP of 1.6965/1.6900
break down
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