EURNZD currency pair continues to fall after the currency pair reversed down form the resistance zone located between the resistance level 1.69400 (which has been steadily reversing the price from the end of January) and the 61.8% Fibonacci correction level of the previous extend downward impulse wave (3) from the middle of December. Given the powerful bullish sentiment affecting the New Zealand dollar today -EURNZD currency  pair can be expected to fall further toward the next support level 1.66750 (low of the previous corrective wave (2)).