Elliott wave analysis of EUR/NZD for December 28, 2017

Wave summary: EUR/NZD likely bottomed with the test of 1.6800 and we are now looking for a break above minor resistance at 1.6876 and more importantly a break above resistance at 1.6927 to confirm wave ii has completed and wave iii is developing for a rally towards 1.7777. At no point can a break below […]