Elliott wave analysis of EUR/JPY for December 5, 2017

Wave summary: Our preferred count remains that wave (D) completed with the test of 134.50 and wave (E) lower towards the ideal target seen at 123.43 now is developing. Short-term, we would like to see more downside pressure and a break below support at 132.90 and more importantly a break below support at 132.62 that […]