Quantcast
Channel: Forex – EWM Interactive
Viewing all articles
Browse latest Browse all 1176

GBPNZD: A Bearish Elliott Wave Cycle is Worrisome

$
0
0

Three weeks ago, GBPNZD was hovering around 1.8900, but the Elliott Wave principle suggested the recovery from 1.8125 was “far from over.” A three-wave pullback was supposed to occur, followed by another rally towards the resistance area between 1.9250 – 1.9630. The chart below, published on January 2nd, explains. The recovery from 1.8125 looked like…

Read More »

The post GBPNZD: A Bearish Elliott Wave Cycle is Worrisome appeared first on EWM Interactive.


Viewing all articles
Browse latest Browse all 1176

Trending Articles