Elliott wave analysis of EUR/JPY for December 6, 2017
Wave summary: The break below 132.90 add confidence in our expectation that wave (D) completed with the test of 134.50 and wave (E) towards the ideal target of 123.43 is developing. Short-term, we expect minor resistance at 133.22 to cap the upside for more downside pressure towards 131.70 and then important support at 131.14. A […]