Elliott wave analysis of EUR/NZD for May 2, 2017
Wave summary: Wave [iii] completed slightly lower than expected at 1.5940 and wave [iv] declined to 1.5686. Wave [v] higher towards 1.6655 could now be developing. It’s possible that wave [iv] needs a little more time and sideways movement to get completed, but once it happens, a strong rally higher towards 1.6655 should be expected. […]