Elliott wave analysis of EUR/NZD for February 2, 2018 888011000 110888 < imgwidth=”450″ src= “http://qkfx.com/wp-content/uploads/2018/02/elliott-wave-analysis-of-eur-nzd-for-february-2-2018.png “alt=” analytics5a73f85c2b175.png “/ > Wave summary: The EUR/NZD set continue to follow the anticipated path, and a break above small resistance at 1.6973 will validate more upside pressure to 1.7360 en route greaterto 1.7479 and 1.7777, which is our long-lasting target. Short-term support is now seen at 1.6926 and at 1.6890 once again, which need to have the ability to safeguard the downside.R3:1.7064 R2: 1.7013 R1: 1.6973 Pivot: 1.6936 S1: 1.6890 S2: 1.6866 S3: 1.6827 Trading recommendation: We are long EUR from 1.6695 and will move our stop greater to 1.6750. The product has been supplied by InstaForex Business-www.instaforex.com

By | February 2, 2018

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