Elliott wave analysis of EUR/NZD for December 7, 2017

Wave summary: Once again EUR/NZD failed to break below support seen at 1.7077 (the low was seen at 1.7100). The rally following the 1.7100 low does begin to look constructive, but only a clear break above resistance at 1.7342 will indicate a corrective low already could be in place. We do think the correction from […]