ew-forecast

Elliott Wave Analysis: EURNZD Breaking Out Of A Triangle

Long
FX_IDC:EURNZD   Euro / New Zealand Dollar
EUR keeps moving higher against commodity currencies, with EURAUD now already at 1.4300 mark, while EURNZD trades at 1.5440, which is near red subwave B) level so it appears that triangle can be finished. If that's the case then EURNZD may see extension up to 1.5600 this week.

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