Elliott wave analysis of EUR/JPY for December 13, 2017
Wave summary: With the break below minor support at 133.41, more downside pressure towards 132.21 and lower to strong support at 131.14 is expected. Short-term, minor resistance at 133.40 is expected to cap the upside for a break below minor support at 133.00 triggering the next decline towards 132.21 and below. R3: 133.90 R2: 133.75 […]