EUR/NZD analysis for December 30, 2016

Recently, EUR/NZD has been moving upwards. The price tested the level of 1.5278 in an ultra-high volume. Using the market profile, I found yesterday's point of control at 1.5070 on the 30M time frame. The intraday trend is bullish. Watch for potential buying opportunities on dips. I expect the price to at least re-test the high at the level of 1.5278.

Fibonacci Pivot Points:

Resistance levels

R1: 1.5090

R2: 1.5115

R3: 1.5150

Support levels:

S1: 1.5020

S2: 1.5000

S3: 1.4965

Trading recommendations for today: watch for buying opportunities.