FX.co ★ EUR/NZD analysis for February 10, 2017

Recently, the EUR/NZD pair has been trading sideways at the price of 1.4820. According to the 15M time frame, I found hidden bullish divergence and potential bullish flag. My advice is to watch for buying opportunities if the price breaks bullish flag. Targets are set at the price of 1.4860 and 1.4960. Trend is bullish.

Fibonacci pivot points:

Resistance levels:

R1: 1.4855

R2: 1.4890

R3: 1.4950

Support levels:

S1: 1.4740

S2: 1.4700

S3: 1.4645

Trading recommendations for today: watch for buying opportunities.