Elliott wave analysis of EUR/NZD for December 2, 2016

Wave summary: The ending diagonal can be completed with the new low at 1.4801 but to confirm that, a break above the minor resistance at 1.5094 and more importantly a break above a resistance at 1.5121 will be needed. As long as the minor resistance at 1.5094 caps the upside, the possibility of one more […]