Elliott wave analysis of EUR/NZD for June 7, 2017

Wave summary: We continue to look for one more dip to just below 1.5588 in an expanded flat correction. This final dip should make it closer to 1.5485 to complete wave ii/ and turn prices higher in wave iii/ to above resistance at 1.6237 for a rally towards 1.6655 and above. R3: 1.6006 R2: 1.5837 […]