Hello everyone,
A good opportunity has been detected on the EUR/NZD pair.
After strong upward movement on the EUR/NZD, the price
found resistance on a 50.0% Fibonacci retracement level and
on a downward trendline, pulled back and is currently correcting
to the downside.
We are expecting the price to reach approximately the 1.7685
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average and the
20 Moving Average of the Bollinger Bands.
A good opportunity has been detected on the EUR/NZD pair.
After strong upward movement on the EUR/NZD, the price
found resistance on a 50.0% Fibonacci retracement level and
on a downward trendline, pulled back and is currently correcting
to the downside.
We are expecting the price to reach approximately the 1.7685
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average and the
20 Moving Average of the Bollinger Bands.