Recently, EUR/NZD has been trading downawrds. As I expected, the price tested the level of 1.4693. According to the 4H time frame, I found overbought stochastic, which is a sign that buying looks risky. The trend is downward. My advice is to watch for potential selling opportunities. Pay attention to the 1.4690 level. If the price breaks that level, EUR/NZD may test the level of 1.4580.
Fibonacci Pivot Points:
Trading recommendations for today: watch for potential selling opportunities.
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