AUD/NZD - Time for upside acceleration and extension

AUD/NZD - Time for upside acceleration and extension

AUD/NZD - Time for upside acceleration and extension 

AUD/NZD is about to enter into wave iii/ of iii of 3/ of 3, which normally is the most powerful of the impulsive waves. This is the wave which accelerates the most and the wave where the largest extension normally is seen, so you don't want to miss this wave when it starts to unfold. 

The first good indication that the next impulsive rally is developing, will be seen upon a break above minor resistance seen at 1.0811, while a break above resistance at 1.0936 will accelerate prices higher 1.1463 and 1.1761, but the long-term target is seen much higher at 1.2350.

This is the wave to behold, so be ready! 

 

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Roelant
2016-06-26
Hi Elliotwavesurfer,

Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!

GBPUSD was abolutely 100% too!Unbelievably accu...
JT
2014-06-23
Its been a pleasure over the years I have been following you and even better as a member the education you provide in my view is invaluable you can read books as I have but to see how you evolve your ...
Jonathan
2017-10-24
Your work is exceptional and glad I found you.