Main Quotes Calendar Forum
flag

FX.co ★ Elliott wave analysis of EUR/NZD for September 29, 2017

parent
Forex Analysis:::2017-09-29T04:09:33

Elliott wave analysis of EUR/NZD for September 29, 2017

Elliott wave analysis of EUR/NZD for September 29, 2017

Wave summary:

We continue to look for more upside pressure towards 1.6875, but we need a break above minor resistance at 1.6410 to get the next "GO" higher. As long as the minor resistance at 1.6410 is able to cap the upside, we should look for a minor dip to 1.6311 before turning up again.

R3: 1.6451

R2: 1.6410

R1: 1.6340

Pivot: 1.6300

S1: 1.6278

S2: 1.6222

S3: 1.6200

Trading recommendation:

We will buy EUR again at 1.6300 or upon a break above 1.6365.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...