In our last analysis EUR/NZD was trading downwards. As we expected, the price has tested the level of 1.4398 in a high volume. The mid-term trends are bearish and my advice is to watch for potential selling opportunities after corrections. I found resitance around the price of 1.4560 (swing low like resistance). My advice is to be careful when buying and to watch for potential selling opportunities after a retracement.
Daily Fibonacci pivot levels:
Trading recommendations: Be careful when buying at this stage and watch for potential selling opportunities after a retracement (after bullish correction).
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