Elliott wave analysis of EUR/NZD for December 21, 2017
Wave Summary: EUR/NZD has rallied nicely. Support is now seen at 1.6865, which ideally will protect the downside for the next impulsive rally higher towards at least 1.7389 and likely even closer to 1.7513 in wave iii of (v). R3: 1.7064 R2: 1.7000 R1: 1.6969 Pivot: 1.6905 S1: 1.6865 S2: 1.6822 S3: 1.6802 Trading recommendation: […]