NZDUSD Elliottwave Daily Technical Analysis and Forecast on 21-December-2015

Talking Points:

• NZDUSD Technical Strategy: Temporary Bullish
• Elliottwave Count: Wave C is still due

We were tracking to see correction compelete on .7200 area before downtrend resume. We still prefer this count and can not see any other alternate count. On daily count, it's very clear about incomplete pattern, while on 240min chart showing nice channel trading. 

We prefer to be enter into trade with decent level with tight stoploss to gain more risk:reward ratio. 

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