ew-forecast
Short

Elliott Wave Leading Diagonal On EURNZD Suggest For Short Trade

FX:EURNZD   Euro Fx/New Zealand Dollar
387 0 4
On EURNZD             I see five waves up in leading diagonal followed by a five wave decline from 1.6840 which is first leg of minimum three wave retracement. As such, wave (b) retracement back to 1.6590-1.6700 could be interesting for shorts in wave (c) down. http://www.ew-forecast.com
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