Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD
Is likely looking to finish the five waves down. Look for the invalidation of the further downside and finish of the five waves down upon a confirmed break above 0.9700 and a test of 1.000o for a complete upside correction which we have now. A break above 1.0550 is required for the acceleration and five down waves finish confirmation. The next considerable upside resistance which will further validate a complete reversal and the change of the count to bullish is 1.0754.
The pair has completely invalidated the downside count by breaking above 118…
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