Elliott wave analysis of EUR/NZD for October 26, 2017

Wave summary: EUR/NZD continues to push higher and has now cleared the channel resistance-line, which also what one would expect during wave (iii). We continue to look for minor support at 1.7085 and more importantly for support at 1.6958 to protect the downside for the next rally higher towards the 1.7777 target. R3: 1.7454 R2: […]