EUR/NZD analysis for November 15, 2016

Share This: Recently, EUR/NZD has been moving sideways around the price of 1.5135. Using the market profile on the 15M time frame, I found a strong point of control from the background at the price of 1.5185. I found successful rejection of the point of control. The pair is trading below 21SMA, which is a sign of weakness. Watch for potential selling opportuntiies on the pullbaks. A downward target is set at the price of 1.5045. Fibonacci Pivot Points: Resistance levels R1: 1.5205 R2: 1.5250 R3: 1.5310 Support levels: S1: 1.5065 S2: 1.5025 S3: 1.4960 Trading recommendations for today: Watch for potential selling opportunities. The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex

Exactly what the Remainder of the EU Is Seeking to Attain After Brexit

The UK has actually been the centre of attention following its stunning choice to leave the European Union (EU) on June 23. Extremely couple of have actually asked exactly what the staying 27 EU members are looking to accomplish when …

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Exactly what the Rest of the EU Is Looking to Attain After Brexit