Elliott wave analysis of EUR/NZD for November 21, 2017

Wave summary: The most likely scenario remains, that wave i completed with the test of 1.7408 and wave ii lower to 1.6619 now is developing. Short-term a break below minor support at 1.7209 and more importantly a break below support at 1.7157 is needed to confirm that wave i has peaked and wave ii lower […]