Elliott wave analysis of EUR/JPY for December 11, 2017

Wave summary: EUR/JPY remains lock inside the 131.14 – 134.50 range, which we think is a topping pattern developing. It will eventually resolve itself to the downside and a break below important support at 131.14 confirm that wave (D) has completed and wave (E) lower to the ideal target at 123.43 is developing. That said, […]