MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Elliott wave analysis of EUR/NZD for May 21, 2018

analytics5b02dbd1363f0.png

EUR/NZD has followed the expected path lower in wave C. Ideally this decline will complete near 1.6922 and set the stage for the next impulsive rally to above minor resistance at 1.7049 and more importantly above resistance at 1.7166 that confirms wave iii/ towards at least 1.7474 is developing.

R3: 1.7103

R2: 1.7049

R1: 1.7000

Pivot: 1.6967

S1: 1.6955

S2: 1.6922

S3: 1.6881

Trading recommendation:

We took profit on our short position from 1.7100 at 1.6965 and book a nice little profit of 135 pips. We will buy EUR at 1.6930 or upon a break above 1.7055.

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