Elliott wave analysis of EUR/NZD for December 6, 2017

Wave summary: We continue to look for more downside pressure towards at least 1.7077 and 1.7035 as the next downside targets. Support is now seen at 1.7215 and again at 1.7243. The latter is expected to be able to cap the upside for more downside pressure towards 1.7077 and below. R3: 1.7318 R2: 1.7243 R1: […]