Elliott wave analysis of EUR/NZD for June 28, 2017
Wave summary: EUR/NZD spiked lower to 1.5215 hitting our stop before taking off for real. The rally off the 1.5215 low is clearly impulsive, confirming that wave ii/ has completed and wave iii/ to above 1.6237 now is developing. Short-term, we are looking for a correction lower to 1.5475 and maybe even closer to 1.5395 […]