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Recently, EUR/NZD has been moving sideways at the cost of 1.5050. My yesterday’s analysis is still valid. Utilizing the marketplace profile on the 15M time frame, the fairest cost stands at the level of 1.5037. Besides, I found a trading variety between the rate of 1.4997 (assistance) and the rate of 1.5056. Watch for a breakout to verify additional direction. If the

rate breaks up-wards, the target

will be set at the rate of 1.5125. If the rate breaks lower

, the target

will be set at the cost of 1.4925. Fibonacci

Pivot Points

: Resistance levels R1: 1.5070 R2: 1.5090 R3: 1.5115 Support levels: S1: 1.5015 S2: 1.4995 S3: 1.4965 Trading recommendations for today: Watch for a prospective breakout to verify more direction.The material has been provided by InstaForex Company- www.instaforex.com

By | November 23, 2016

Recently, EUR/NZD has been moving sideways at the price of 1.5050. My yesterday’s analysis is still valid. Utilizing the market profile on the 15M timespan, the fairest cost stands at the level of 1.5037. Besides, I found a trading variety in between the price of 1.4997( support)and the price of 1.5056. Watch for a breakout to verify more instructions. The target will be set at the cost of 1.5125 if the cost breaks upwards. If the rate breaks lower, the target will be set at the price of 1.4925. Fibonacci Pivot Points: Resistance levels R1: 1.5070 R2: 1.5090 R3: 1.5115 Support levels: S1: 1.5015 S2: 1.4995

S3: 1.4965 Trading recommendations for today: Look for a prospective breakout to

confirm additional direction.The product has been

provided by InstaForex

Company-< a href='https://www.instaforex.com/?x=IHCU' > www.instaforex.com

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