Condições de Negociações
Ferramentas
Overview:
Recently, EUR/NZD has been trading downwards. As we expected, the price tested the level of 1.4930 in a high volume . The short-term trend is neutral. According to the daily time frame, supply is in a volume below the average and we got very weak price action. According to the 30-minute time frame, the price rejected from our Fibonacci expansion 100% (1.4950) in a high volume. Be careful when selling EUR/NZD since we may see bullish movements. First strong resistance is around the level of 1.5040.
Fibonacci Pivot Points:
Resistance levels:
R1: 1.5050
R2: 1.5065
R3: 1.5090
Support levels:
S1: 1.4995
S2: 1.4980
S3: 1.4955
Trading recommendations: Be careful when selling EUR/NZD at this stage since we can observe strong bullish activity (volume) in the background and rejection from our support.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.