today in my modest view for EUR/NZD should end around 1.8024 - 1.7900 area. A correction down to below 1.7611 is expected. A rise above 1.8001 will abort the expected correction.
this is my modest view what's your view
goood luck for all member of best MT5 forum.
Update technical analysis 01:55 PM (GMT+8) January 31, 2011
Do not follow my analysis if you aren't have a same opinion, this is for shared with you guys
EUR-NZD
The market does not have to go lower from 1.7601 to 1.7529. After this step down should go to 1.7721 to 1.7768 area.
we see the pair Successfully break the daily down trend and also break hourly up trend
and then going up quickly and break the resistance at 1.8333 and 1.8424
i think it will going to break the last resistance at 1.8586 tomorrow
i think the pair will going up next week because it can not break the support at 1.8258 today
so i will buy this pair next week and put my target at 1.8374
Open buy at 1.8920
Stop Loss : 1.8960
Take Profit : 1.8880
Warning!
These are just predictions, use as a 2nd opinion.
Always believe in your trading system !!!!
Good luck today !!!!!!!!
Hello profit !!!!!!!!!!!!!!!!