EURNZD appraoching support, potential bounce!

Price is approaching our first support (100% Fibonacci extension, 38.2%, 50% Fibonacci retracement) where a strong bounce might occur to our first resistance level (swing high resistance, 76.4% Fibonacci retracement). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.