we have a good chance to buy EURNZD as we have a support level on the daily chart @38.2% so i predict that this piar will move upward on the short term our target point will be@50%.
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we have a good chance to buy EURNZD as we have a support level on the daily chart @38.2% so i predict that this piar will move upward on the short term our target point will be@50%.
H4 chart demonstrates that the support level @38.2% fibonacci rejected the price into a bullish direction so i expect also that the price will continue upward till reach the resistance level @23.6% fibonacci , so i think we can start selling near this level with a small stop lose above this level ,
Attachment 4617
EURNZD>>sell<< as per our management tp1 should be 20-30 pis. tp will modified based on trend. please keep it save...
we have a resistance level @38.2% so i predict that EURNZD will move downward on the short term so i suggest selling this pair now our target point will be @23.6%.
** Buy ** euronzd @1.5553, sl=1.5527, sl2= 1.5677, tp1=20 -30 pips, tp2= 55-65 pips, ultimate tp=1.5650
EUR / NZD pair knew a strong rise at the beginning of this week I expect to see more of the Ascension in the coming days toward fibonacci levels 23 and if broken, the falling trend will be on the frame week is our goal
Eur/nzd technical analysis for 02.10.2012 by using : Auto pivot indicator.
resistance 3:1.5712
resistance 2:1.5643
resistance 1:1.5603
pivot point :1.5534
support 1:1.5494
support 2:1.5425
support 3:1.5385
Eur/nzd technical analysis for 03.10.2012 by using : Auto pivot indicator.
resistance 3:1.5811
resistance 2:1.5730
resistance 1:1.5670
pivot point :1.5589
support 1:1.5529
support 2:1.5448
support 3:1.5388
the price has broken the support level o i think if the price also break the bullish trend shown and close below it this means that we will have more bearish direction again in the next hours. If penetration resistance area 1.5790 top buy and objective when Resistance 1.5833 If breached 1.5706 support area to the bottom of the sale and the target at 1.5663 support
Eur/nzd technical analysis for 04.10.2012 by using : Auto pivot indicator.
resistance 3:1.5993
resistance 2:1.5887
resistance 1:1.5819
pivot point :1.5713
support 1:1.5645
support 2:1.5539
support 3:1.5471