empty
 
 
11.02.2016 02:52 PM
EUR/NZD analysis for February 11, 2016

This image is no longer relevant

This image is no longer relevant

Overview:

Recently, EUR/NZD has been moving upwards. As I expected, the price tested the level of 1.7218 in an ultra high volume. In the daily time frame, I found demand in a volume above the average but with a big weakness, which is a sign that supply still presents. In the 4-hour time frame, I found strong resistance level of 1.7200 and successful rejection. So, be careful when buying EUR/NZD at this stage and watch for potential selling opportunities. Strong support level is seen at 1.1.6750. Anyway, we may see potential re-test at the levels of 1.7110 and 1.7150 before further downward movement. Watch for potential selling opportunities on rallies.

Fibonacci Pivot Points:

Resistance levels:

R1: 1.7050

R2: 1.7140

R3: 1.7280

Support levels:

S1: 1.6770

S2: 1.6680

S3: 1.6540

Trading recommendations: volume spike in an ultra high volume (potential buying climax) is seen in the market. Be careful when buying EUR/NZD and watch for potential selling opportunities.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $9000 lebih banyak!
    Pada Mei kami mengundi $9000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback