Thursday, September 19, 2013

EURNZD 9_19

Aside from reaching and surpassing C wave Targets-- still no signs of a trend change.

Looking at weekly signals-- Volume is higher to the right and price lower  (opposite of EURUSD)  with EUR weekly pointing towards 1.44- its tough to Buy EURNZD... Also internals look more like a wave 3 (which they should) and the EW indicator (daily) is still looking for its peak.