InstaForex - Analytics

    InstaForex

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    Elliott wave analysis of EUR/NZD for March 7 - 2016 2016-03-07

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    Wave summary:

    A break above resistance at 1.6637 confirms that wave [iii] is developing.

    Trading recommendation:

    We are long EUR from 1.6125 with stop placed at 1.5790. If you are not long EUR yet, the buy here or upon a break above 1.6304 a place your stop below the most recent low.


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