Elliott wave analysis of EUR/NZD for May 18, 2017

Wave summary: We are still looking for upside acceleration towards the next upside target seen at 1.6655 and expect minor support seen at 1.5960 to continue to protect the downside for a clear break above 1.6154. This confirms the expected rally higher to 1.6655. A break below minor support at 1.5960 would be a bit […]