Elliott wave analysis of EUR/NZD for July 4, 2017

Wave summary: The break above minor resistance at 1.5639 indicates that red wave ii completed already at 1.5503 and red wave iii towards at least 1.6232 now is developing. Short-term, we would like to see a firm break above minor resistance at 1.5712 as confirmation that red wave ii indeed has completed and red wave […]