Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

EUR/NZD: the opportunity is still here

EUR/NZD: the opportunity is still here

Information is not investment advice

When looking for pairs to trade to benefit from today’s meeting of the European Central Bank, pay attention to EUR/NZD. We already drew your attention to this pair last week, and the idea still looks good. Moreover, the pair has actually confirmed a “double top” on the D1 as it tried to retest the neckline and got rejected to the downside. Now it’s possible to join sellers on the break below 1.7060 (50% Fibo of the July-August advance, 100-day MA) targeting 1.6985 (100-week MA). 

EURNZD.png

Similar

Levels to trade EUR/USD

The price action in EUR/USD has been quite unfavorable for the euro. On The W1, the 50-week MA limited the pair’s advance.

Popular

Choose your payment system

Learn more