Wave summary:
Nothing is happening here -
We continue to look for the last spike lower towards 1.5898 as long as minor resistance at 1.6434 protects the upside. From 1.5898 or upon a break above 1.6434, more importantly a break above 1.6576, and strong rally back to 1.8020 and 1.9114 on the way higher is expected.
Trading recommendation:
We are looking for an opportunity to buy EUR at 1.5925 or upon a break above 1.6434 (one order done cancels the other).
The material has been provided by InstaForex Company - www.instaforex.comFor detail explanation and best discovery on daily market trends and news you may visit via Elliott wave analysis of EUR/NZD for November 25 - 2015 . Thanks for your support.
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