empty
 
 
29.11.2017 09:01 AM
Elliott wave analysis of EUR/NZD for November 29, 2017

This image is no longer relevant

Wave summary:

EUR/NZD spiked below support at 1.7096 yesterday, but failed to follow through. We expect another test of this short-term important support soon will be seen. This time a successful break below is expected for a continuation lower towards 1.6615 in wave ii.

That said, we must allow for the correction from 1.7077 to extend closer to 1.7272 before turning lower again.

R3: 1.7272

R2: 1.7234

R1: 1.7210

Pivot: 1.7139

S1: 1.7077

S2: 1.7045

S3: 1.7000

Trading recommendation:

We are short EUR from 1.7200 with stop placed at 1.7400.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Torben Melsted
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback