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 November 30, 2017

analytics5a1fc491b436f.png

Wave summary:

EUR/NZD tried to break below short-term important support at 1.7100, which failed and the result is a bounce back to near the top at 1.7393. We expect this resistance will continue to protect the upside for renewed downside pressure towards 1.7100 and a clear break below will call for a decline towards 1.6615 to complete wave ii.

Only a direct break above important resistance at 1.7408 will force a revision of our long-term count a call for a direct rally towards 1.8000.

R3: 1.7408

R2: 1.7394

R1: 1.7355

Pivot: 1.7300

S1: 1.7270

S2: 1.7213

S3: 1.7158

Trading recommendation:

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

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