An axis of attack is all very well but Divisions only use it as a guide and while the more direct and straight the axis of attack the more likely Divisions will not stray it seems to me that an axis of attack is not particularly useful for PZ Divisions if you want to make wide sweeping curves to form pincers.
As far as I can tell, defining a front-line and an arrow path defines a sequence of provinces that will be taken in order (and you can see which provinces and which order via the animation). So if it's a broad front and a straight path, the provinces are taken one layer at a time. If it's a narrow front and you drag the arrow far to the side, the set of provinces should be a curving path one or two provinces wide, taken in sequence. So I think you can get pretty close to defining the exact path.
The potential trouble I see is if you want to distribute Panzer divisions along that path as you go so the enemy doesn't simply take the ground behind you.