Блог DEMO2jxPXZ

Avatar

Technical analysis NZDUSD

Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий
Avatar

NZDUSD

Читать
Перевести на Английский Показать оригинал
DEMO2jxPXZ avatar
DEMO2jxPXZ 16 Май

The NZDUSD has rallied very strongly and, from an Elliott Wave perspective, I suspect that a complex corrective structure is developing from this year’s .7180 low (refer daily chart below).
This would enable a recovery back towards not only the mid .7700s (where the Kiwi topped out last month) but the .7800 level (being a Fibonacci 38.2% retracement of the prior downtrend from .8835 to .7180) and even .7880 (where corrective Wave c will equal corrective Wave a).
In the short term, support lies at .7500/.7460 and I will try to buy there in anticipation of the next rally (refer below).

DEMO2jxPXZ avatar
DEMO2jxPXZ 17 Май

NZDUSD has rallied strongly and a complex corrective structure may be developing from this year’s .7180 low. Support is at .7500/.7460, and resistances at .7585, .7640 and .7745. Corrective recovery potential towards .7800 and .7880.

иличтобы оставить комментарий