Elliott Wave analysis of EUR/NZD for July 18, 2013
Today’s Support and Resistance levels: R3: 1.6715 R2: 1.6675 R1: 1.6654 Current spot: 1.6649 S1: 1.6620 S2: 1.6510 S3: 1.6578 Technical overview: Yesterday we saw an attempted to break above important resistance at 1.6756 (the high came in at 1.6762), but it failed and caused a deeper than expected decline to 1.6558. The decline below […]