Elliott wave analysis of EUR/JPY for January 15, 2018

Wave summary: The corrective rally from 133.09 spikes just above our upper target at 135.25 and should now be ready to turn lower again for a decline towards 131.11 before another corrective rally is expected towards 134.10. Short-term a break below minor support at 134.79 will be a strong indicator that the corrective rally from […]