Wave summary:
EUR/NZD is set to move higher towards the next upside target seen at 1.6232. Short-term support is now seen at 1.5712 which we expect will be able to protect the downside for the expected rally higher.
Trading recommendation:
We are long EUR from 1.5645 with stop placed at 1.5600. If you are not long EUR yet, then buy near 1.5712 and use the same stop.
