EUR/NZD Daily OutlookEuro vs New Zealand DollarFUSIONMARKETS:EURNZDFusionMarketsEUR/NZD recently pushed into the 61.8% Fibonacci retracement near 1.9935 but was firmly rejected, highlighting strong selling pressure at that level. Price has since fallen back toward the 38.2% retracement around 1.9747. Holding above this area could support another recovery attempt, while a break lower would increase the risk of a deeper move back toward 1.9440 support.