EURNZD: We slightly changed our short term view as red wave 5 finished early at 1.6812 and formed Green wave [I]. Now we are in green wave 3 of red wave c of green wave [2]. As we previously mentioned  that Elliott wave allow  wave 2 retrace up to 100% of wave 1 but ideally we will see green wave [II] will end at one  less degree red wave 4. Traders can enter into selling at current market rate or better placing stop above green wave 2.