Elliott wave analysis of EUR/NZD for June 16, 2014
Today’s Support and Resistance levels: R3: 1.5728 R2: 1.5682 R1: 1.5631 Current spot: 1.5578 S1: 1.5566 S2: 1.5507 S3: 1.5455 Technical summary: We would normally expect a more complex blue wave iv, but the break below 1.5629 could be an indication that blue wave iv became very small and ended already at 1.5688. However, to […]