Condizioni di trading
Strumenti
Overview:
Since our last analysis, the EUR/NZD pair has been trading sideways, around the price 1.6261 (FE 261.8 %), we are still waiting for an upward movement and testing the level of 1.7360. The current situation in (4H) timeframe is that we have got high volume demand bars. That is a sign that we may see further upward movement. In the daily chart we can observe weak supply bar on volume just above the average. This is a sign that we may expect EUR recovery and a test of the level of 1.7360 (FE 61.8 %).Anyway, if the price breaks the level of 1.6220 on high volume, we may see more downward movement. Since we are in the uptrend, according to the daily chart, I advise you to watch for buying opportunities.
Daily pivot Fibonacci points:
Resistance levels:
R1: 1.6381
R2: 1.6416
R3: 1.6472
Support levels:
S1: 1.6268
S2: 1.6233
S3: 1.6176
Trading recommendation: Be careful with selling and look for buying opportunities. I recommend 1.7360 as the second short-term target.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.