Recently, EUR/NZD has been moving downwrads. The price tested the level of 1.5564 in the average volume. My downward target at the price of 1.5635 has been reached. Anyway, today, buyers came in to the market and I found a change in the trend behavior from bearish to bullish. Be careful when selling and watch for buying opportunities. The first target is set at the price of 1.5765.
Fibonacci Pivot Points:
Resistance levels:
R1: 1.5735
R2: 1.5785
R3: 1.5870
Support levels:
S1: 1.5560
S2: 1.5505
S3: 1.5420
Trading recommendations for today: Be careful when selling and watch for buying opportunities.
