MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

EUR/NZD analysis for July 13, 2016

analytics578620a8b3515.png

Recently, EUR/NZD has been moving downwards. As I expected, the price reached my take profit level at 1.5115. According to the 30M time frame, I found downward pressure on the market and a breakout of the upward trend line in the background. Watch for selling opportunities on the pullbacks with the take profit at 1.5115. If the price breaks the level of 1.5115 in a high volume, it will confirm larger downward movement.

Fibonacci Pivot Points:

Resistance levels:

R1: 1.5280

R2: 1.5325

R3: 1.5400

Support levels:

S1: 1.5120

S2: 1.5070

S3: 1.4990

Trading recommendations for today: Be careful when buying and watch for selling opportunities.

The material has been provided by InstaForex Company - www.instaforex.com