May Kiwi, Aussie and Euro

Here is the Kiwi 1 hour chart.  It looks like a very classic Elliott Wave 5 wave impulse pattern which is the first wave on a bigger scale.  The retracement so far is in a very classic corrective abc three wave pattern back up to the Fibonacci 50% retracement.  Normally a wave 2 makes a larger retracement than 50%, so I did 2 wave counts on the corrective wave 2.  All We can do is watch and wait at the moment, but there are a few clues in this.  The biggest clue is that the Kiwi and the Aussie are definitely in a wave 2 or B, but the EUR_USD is just finishing wave 1.  This could mean several things.......The first one is that I favor is the NZD_USD and the AUD_USD is going to make a deeper wave 2 retracement and the Euro will be making a shallower retracement early next week.......The second scenario is that the Kiwi and Aussie have finished wave 2 at the Fibo 50% level and the Euro will have an extension down.......Either way it looks like a long term reversal..........