Elliott wave analysis of EUR/NZD for June 6, 2017

Wave summary: We continue to expect support at 1.5660 will be able to protect the downside for a break above minor resistance at 1.5837 and more importantly a break above resistance at 1.6006 for a rally towards 1.6655. If, however, support at 1.5660 gives away the will extend wave ii lower to 1.5485 in an […]