Elliott wave analysis of EUR/NZD for November 3, 2017

Wave summary: EUR/NZD corrected higher to 1.6914, before losing steam and is again pushing lower and a break below support at 1.6790 will confirm a continuation lower to 1.6545 to complete wave ii and setting the stage for the next impulsive rally in wave iii towards 1.7778 and above. Short-term only a break above minor […]