Recently, EUR/NZD has been moving upwards. The price tested the level of 1.5278 in an ultra-high volume. Using the market profile, I found yesterday's point of control at 1.5070 on the 30M time frame. The intraday trend is bullish. Watch for potential buying opportunities on dips. I expect the price to at least re-test the high at the level of 1.5278.
Fibonacci Pivot Points:
Resistance levels
R1: 1.5090
R2: 1.5115
R3: 1.5150
Support levels:
S1: 1.5020
S2: 1.5000
S3: 1.4965
Trading recommendations for today: watch for buying opportunities.
