• EUR/NZD dipped on Wednesday after U.S. President Donald Trump said the interim accord to end the war with Iran was over, sending oil prices higher and denting global risk sentiment.
•Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take over Iran's Kharg Island, after Tehran carried out new attacks on U.S. bases in the Gulf.
•The comments come a day after fresh U.S. military strikes and Washington revoking a license that allowed Tehran to sell oil internationally.
•Oil prices, which had returned to pre-conflict levels after the ceasefire, rose 5% to a two-week high.
• Immediate resistance is located at 2.0202 (50%fib), any close above will push the pair towards 2.0286 Higher BB).
• Immediate support is seen at 1.9990(61.8%fib) and break below could take the pair towards 1.8903(Lower BB).
Recommendation: Good to buy around 2.0000, with stop loss of 1.9900 and target price of 2.0100
