Elliott wave analysis of EUR/NZD for October 13, 2017 888011000 110888 < imgwidth=”450″ src= “http://qkfx.com/wp-content/uploads/2017/10/elliott-wave-analysis-of-eurnzd-for-october-13-2017.png”alt= “analytics59e0315812393.png”/ > Wave summary: The decrease from 1.6760 moved lower than anticipated, however none the less it’s still regarded as corrective and quickly must be replaced by another rally to atleast 1.6824 andperhaps higherto 1.7005. Ideally, assistance at 1.6565 will continue to protect the drawbackfor the anticipated rally higher. R3:1.6824 R2: 1.6760 R1: 1.6686 Pivot: 1.6627 S1: 1.6595 S2: 1.6565 S3: 1.6522 Trading suggestion: Our stop at 1.6600 was hit for a nice 265 pips earnings. We will buy EUR here at 1.6600 with a stop put at 1.6550. The product has been offered by InstaForex Company-www.instaforex.com

By | October 13, 2017

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