EUR/NZD: analysis for December 31, 2013
Overview: Since our last analysis, the EUR/NZD pair has been trading downwards, the price reached level of 1.6736 (met FE 100 %) on volume above the average. As you can see from the chart, price rejected from level of 1.6990 and tested 1.6736 (bearish corrective phase in progress).I placed Fibonacci expansion levels to find potential […]