the pair and as we can see from the chart has closed it's daily candle above the level of 1.6400 , so , that's mean the up trend is still standing and the pair is heading to 1.6430 then 1.6470
Thread: Eur/Nzd
the pair and as we can see from the chart has closed it's daily candle above the level of 1.6400 , so , that's mean the up trend is still standing and the pair is heading to 1.6430 then 1.6470
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the pair and as we can see from the chart has closed it's daily candle above the level of 1.6400 , so , that's mean the up trend is still standing and the pair is heading to 1.6500 then 1.6540
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair and as we can see from the chart has closed it's daily candle above the level of 1.6400 , so , that's mean the up trend is still standing and the pair is heading to 1.6500 then 1.6540
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair has closed it's daily candle above 1.6400 . so , that's means that up trend is expected and the pair might head to 1.6350 and then 1.6300 ,but also the hourly correction is expected before continue in the up trend
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The price is still quoted below the SMA50 and SMA 200, but the ADX 20 level is below 23, suggesting some pause in strong volatility.
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The pair is moved up to test the resistance on 1.6448
if it is breaked we can see the pair move up
if this resistance is not breaked we can see the pair move down to test the 1st support on 1.6460
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It should test 1.6460 area after which a sell off down to 1.6345 or extended to 1.6238 area is expected.
Supports / Resistances
Res 2 1.6663
Res 1 1.6558
Pivot 1.6450
Sup 1 1.6345
Sup 2 1.6238
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I dont know about you, but I think the best moment to look for short opportunites its when the market breaks through and important LT support level and confirms it afterwards this just happened with the Euro/New Zealand.
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EURNZD continues its strong bearish momentum after closing below intraday tunnel, the bias is bearish targeting last week's low at 1.6632 before making another historical low
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eurnzd kafi time se downtrend me tha
1.6800 pe aake iska down trend thdoa ruka hai..yaah se isne upar ke signals nahi diye hai lekin abhi sideways me chal raha hai
yaha se isko buy kiya ja sakta hai with tp 1.6900
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