Elliott wave analysis of EUR/NZD for April 24 – 2017

Wave summary: After the expected minor correction to 1.5171 (the low came in at 1.5168), a strong rally above important resistance at 1.5347 has finally been seen to confirm that wave iii higher towards 1.6656 finally is developing. The former important resistance at 1.5347 will now work as support for the next rally higher to […]