Elliott wave analysis of EUR/NZD for October 8 – 2014
Today’s support and resistance levels: R3: 1.6255 R2: 1.6242 R1: 1.6228 Current spot: 1.6213 S1: 1.6194 S2: 1.6161 S3: 1.6142 Technical summary: The break below 1.7078 is disappointing, and indicates, that we are not yet ready to a new impulsive rally. Therefore we should expect resistance near 1.6245 will be able to turn prices back […]