Elliott wave analysis of EUR/NZD for December 29, 2017 888011000 110888 < imgwidth=”450″ src=”http://qkfx.com/wp-content/uploads/2017/12/elliott-wave-analysis-of-eur-nzd-for-december-29-2017.png”alt =”analytics5a45c7ae2b84e.png”/ > Wave summary: A bottom is likely building for wave ii, but we still need a break above minor resistance at 1.6927 to validate that wave iii is establishing for a rally to a minimum of 1.7348 on the way greater to the ideal 1.7777 target.Support at 1.6800 ought to continue toprotect thedisadvantage for the anticipated break above 1.6927, but only abreak listed below 1.6744 will force a re-count. R3: 1.7064 R2: 1.6993 R1: 1.6927 Pivot: 1.6876 S1: 1.6800 S2: 1.6780 S3: 1.6744 The material has actually been provided by InstaForex Company -www.instaforex.com

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