euraud

30 Kas 2014

monthly chart euro Australian dollar we are in the presence of elliot waves already completed with five waves of pulses has already formed the first wave of correction (a) is now forming the second wave (b) very prababile on resistance of 1.51 (the resistance of 1.5830 and the support of 1.2220 are the maximum and minimum of the year 2013) and then to enter into a short position better to wait until the prices are testing area 1:51 with a clear signal short with target support area 1.23 / 1:22 which in theory should be the wave c