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HomeContributorsTechnical AnalysisEUR/AUD And EUR/NZD - Can Bears Slow Down This Week?

EUR/AUD And EUR/NZD – Can Bears Slow Down This Week?

Elliott Wave Financial Service
By Elliott Wave Financial Service

EUR crosses are moving very nicely to the downside, with both EURNZD and EURAUD progressing lower into a fifth wave of a decline. However, we see supports close to current levels, so we should not be surprised if market turns up till Friday.

EURAUD, 1h

EURNZD, 1h

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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