LATEST ARTICLES

Elliott wave analysis of EUR/NZD for March 2, 2018

Posted On 02 Mar 2018
By :
Comment: 0
analytics5a98e0e3123bd.png

Wave summary:

There is not really anything new to say here. We continue to look for a continuation higher through the resistance at 1.6960 and 1.6999 for a continuation towards 1.7094 and 1.7470 as the next upside targets.

Short-term support is seen at 1.6867 and again at 1.6809.

R3: 1.7094

R2: 1.6999

R1: 1.6960

Pivot: 1.6900

S1: 1.6867

S2: 1.6809

S3: 1.6778

Trading recommendation:

We are long EUR from 1.6790 with stop placed at break-even.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Elliott wave analysis of EUR/NZD for March 2, 2018

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply

*

[adrotate group="2"]
[adrotate group="15"]

InstaForex – Market Analysis

<a href="https://www.instaforex.com/">Forex Portal</a>

Like Us On Facebook

[adrotate banner= "75"]

Follow on Stocktwits

Follow Us on StockTwits

Connect

facebook
twitter
google-plus
youtube
linkedin
rss
Copyright © 2015 Forex Alchemy. All rights reserved.
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use     Privacy Policy