Elliott wave analysis of EUR/NZD for November 2, 2017

Wave summary: We continue to look for more downside pressure towards 1.6545 to complete wave ii. Short-term, a minor rally towards 1.6911 could be seen before the expected dip to 1.6545 from where wave iii higher to 1.7977 is expected to take over. Only a direct break above 1.6987 and more important a break above […]