EUNZD is approaching our first resistance at 1.6744 (horizontal pullback resistance, 76.4% Fibonacci retracement, 61.8%, 161.8%, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.6606 (horizontal pullback support, 50% fiboancci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.