Thursday, June 5, 2014

6_5

EURAUD- playing out alternate- B wave to 1.45- now C to 1.4730? before another leg down. If we do get this C it can go really high too- but for now sticking with the running scenario and C will be 62% of A.

EURNZD- More of a 4- leaving ED for 5 of C?  1.6242-1.6262 range-- R at 1.6176 maybe too much though- 

AUD- triangle? 9375-9270?
NZD- end of correction or wave 4? interesting-- would expect rejection .8505-8539 down to .8425 ideally still at .8320 and test of the longer term TL