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! 

 

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...
Hani
2014-06-06
I have been a fan of you blog for several years!
I am so impressed at your renewal.
Elliott wave analysis is so difficult to me, but so interesting and useful.

Thank you
Hani
Jonathan
2017-10-24
Your work is exceptional and glad I found you.