Elliott wave analysis of EUR/NZD for January 23, 2018

Wave summary: We have seen the expected spike lower to 1.6679 (the low has been seen at 1.6684). This fulfills the corrective target in wave ii and a break above minor resistance at 1.6772 will confirm that wave ii is complete and wave iii has taken over for a rally towards 1.7360 on the way […]