Elliott wave analysis of EUR/JPY for October 25, 2017

Wave summary: We continue to look for a clear break above resistance at 134.41 confirming more upside in wave (D) closer to 137.37 from where wave (E) should take over to complete the long-term triangle consolidation. Wave (E) should ideally move lower to 123.43. Short-term, we minor support at 133.37 max. 133.08 will protect the […]