Elliott wave analysis of EUR/NZD for February 16, 2018

Wave summary: EUR/NZD is trading within a narrow range between 1.6855 and 1.6930 at the moment. Not giving us any real hint of its intentions. We could still see a final spike lower to 1.6775 before completing the wave ii and setting the stage for the wave iii higher towards 1.7479 and above. Only a […]