EUR/NZD is currently at interesting point! Breaks or NOT?

Looks like EUR/NZD is about to show us something interesting. If it breaks the line -----> Bearish trend down to 1.62000 level
If it won't break the line -----> then we will see a further upward movement possibly up to 1.74000. Fundamentals are in favour of EUR!
So let's keep an eye on this lovely currency pair!