venckusarunas
Long

EUR/NZD could go long for last Elliot wave

FX:EURNZD   Euro Fx/New Zealand Dollar
Price is on the way in Elliot wave point 4 to 5 at 1.6828. It is Fibonacci from LH HH as Elliot waves points 1 and 3 50% bounce to a projection 23%. This is Target zone where Weekly swing hights to lows Fibonacci 50% level should be pierced. But on daily we have double top formed allready. Just need to wait for price to break this Resistance level at 1.6575.
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