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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



EUR/NZD analysis for June 02, 2016

Recently, EUR/NZD has been moving upwards. The price tested the level of 1.6505. I found a strong base (bottoming) near the level of 1.6355. According to the 30M time frame, I found a sign of strength. There are few down bars but with weak closing (in the middle), which is a sign of strength. I found successful testing of supply in a low volume, which is another sign of strength. Watch for buying opportunities on the dips. Upward targets are set at the price of 1.6640 and 1.6680.

Fibonacci Pivot Points:

Resistance levels:

R1: 1.6450

R2: 1.6480

R3: 1.6530

Support levels:

S1: 1.6345

S2: 1.6315

S3: 1.6560

Trading recommendation for today: Watch for buying opportunities on the dips.

The material has been provided by InstaForex Company -