EUR/NZD faces strong resistance around 1.6500, jump above targets 1.6600

EUR/NZD is facing trend lien resistance around 1.6500 (trend line joining 1.7189 and 1.6586) and break above confirms short term bullishness, a jump till 1.656/1.660 is possible.

• The pair has made a high of 1.64966 today at the time of writing and declined from that level. It is currently trading at 1.6450.
   
• On the downside minor support is around 1.6435 and break below targets 1.6380/1.6330.

It is good to buy only above 1.6500 with SL around 1.6450 for the TP of 1.6560/1.6600