EURNZD

NEUTRAL

1) Bullish Scenario

• Mr Market retraced to 1.79898 (50% FIB), a close above 1.83188 and retest would expose 1.96392 (127% FIB)
  

2) Bearish Scenario

If Mr Market closes below 1.79898 support and retest he could significantly expose 1.70957 (127% FIB)