Elliott wave analysis of EUR/NZD for December 19, 2017
Wave summary: EUR/NZD likely bottomed at 1.6744, just above the expected target at 1.6720. Short-term a break above minor resistance at 1.6939 and more importantly a break above 1.6965 is needed to confirm that wave (iv) has completed and wave (v) higher towards 1.7770 is developing. As long as resistance at 1.6965 is able to […]