Elliott wave analysis of EUR/NZD for May 11, 2017
Wave summary: We have seen the expected decline closer to 1.5645 (the low came in at 1.5588) before a strong recovery was seen. We will now be looking for a break above 1.6020 as confirmation that the next impulsive rally higher towards 1.6655 is developing. Short-term, we should see support in the 1.5726 – 1.5764 […]