Recently, EUR/NZD has been moving downwards. The price tested the level of 1.5182 in a high volume. According to the 30M time frame, I found 2 down fractals today. The first downward fractal is at the price of 1.5181 and the second down fractal is at the price of 1.5183. My advice is to place a pending order (sell stop) at the price of 1.5180 with a target at 1.5130 and stop loss at the price of 1.5215. The intraday trend is downward. Anyway, delete pending orders if the price reaches 1.5215.
Fibonacci Pivot Points:
Resistance levels
R1: 1.5300
R2: 1.5325
R3: 1.5360
Support levels:
S1: 1.5225
S2: 1.5200
S3: 1.5165
Trading recommendations for today: Sell if the price reaches the price of 1.5180.
The material has been provided by InstaForex Company - www.instaforex.comFrom www.instaforex.com http://ift.tt/2bQvCH6
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