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Friday, 22 May 2015

EUR/NZD Is Further Bearish | Free Forex Signals | Currency Trading

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Today we are sharing EUR/NZD Currency Trading Signals.

Daily Forex Signals

SUMMARY : 

The primary trend of EUR/NZD is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 1.5025. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of 1.4960/1.4910 in today's session.

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EUR/NZD ( Hourly )

EURNZD Chart Today
EURNZD Chart Today


INDICATORS

MACD is sustaining in selling territory, indicating the upcoming bearish trend in the pair.

STRATEGY : 
EUR/NZD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


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1 comment:

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