Elliott wave analysis of EUR/NZD for January 26, 2018
Wave summary: EUR/NZD has broken above minor resistance at 1.6937 confirming that wave ii completed at 1.6630 and wave iii higher towards 1.7360 and 1.7777 is developing. Short-term, we might see a sideways consolidation just below 1.7065 before the next impulsive rally higher. Support at 1.6800 will ideally be able to protect the downside for […]