Today's Support and Resistance Levels:
R3: 141.99
R2: 141.79
R1: 141.62
Current Spot: 141.54
S1: 141.35
S2: 140.99
S3: 140.60
Technical Summary:
The correction from 140.08 just became even more messy and complex. We did see a break below 141.23, but there was no follow-through and we are now back into the range just below resistance in the 142.00 - 142.17 area. For now we will just have to wait for this cross to provide us with confirmation that the correction from 140.08 is over and that the decline lower towards 136.33 is developing. That confirmation will be given upon a break below 140.99 until then we will just have to accept the possibility of a move closer to 142.17 before it finally comes to an end.
0 Komentar untuk "Elliott wave analysis of EUR/JPY - The correction just became more messy and complex"