Elliott wave analysis of EUR/NZD for January 24, 2018

Wave summary: We need to see a break above minor resistance at 1.7026 to confirm that wave ii completed with the test of 1.6684 and wave iii higher towards 1.7360 and 1.7777 is developing. As long as minor resistance at 1.7026 stays untouched, we will need to allow for a final spike lower to 1.6679, […]