Elliott Wave Analysis of EUR/NZD for January 23, 2014
Today’s Support and Resistance levels: R3: 1.6499 R2: 1.6469 R1: 1.6438 Current spot: 1.6428 S1: 1.6392 S2: 1.6358 S3: 1.6320 Technical summary: The corrective cycle from 1.6238 has become more complex than firstly expected. We do however think that a top is close and the next impulsive decline ready to take over again. However, to […]