Recently, EUR/NZD has been moving upwards. Like I expected, the price tested the level of 1.5464 in a high volume. EUR/NZD reached two targets from yesterday. On the 30M time frame and using market profile, I found strength in the Aisan and European sessions. I also found successful rejection from yesterday’s point of control at 1.5335. Be careful when selling and watch for buying opportunities. Upward target is set at the price of 1.5500 (round number and swing high).
Fibonacci Pivot Points:
Trading recommendations for today: selling EUR/NZD at this stage looks risky. Watch for buying opportunities.
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