Elliott wave analysis of EUR/NZD for May 17, 2017

Wave summary: We have seen a direct break above 1.6020 confirming that wave [ii] completed early and wave [iii] higher towards 1.6655 now should be developing. That said, we would like to see upside acceleration to confirm that we are indeed in wave [iii] of iii/ of iii higher. This means minor support seen at […]