Originally Posted by
mansurep
this is my analysis for eurnzd
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 1.6397 and the pair will continue to go down to the next level level at 1.6377
Resistent1 : 1.6444
Resistent2 : 1.6466
Resistent3 : 1.6439
Support 1 : 1.6399
Support 2 : 1.6380
Support 3 : 1.6437
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.6402 stop loss at the level 1.6457 target take profit at the level 1.6377
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.