Elliott wave analysis of EUR/JPY for January 22, 2018
Wave summary: As expected a B-wave top was close by. We still need a firm break below 134.95 to confirm that wave B has peaked and wave C lower to 131.11 is developing. Short-term resistance is seen at 136.05 and again at the b-wave peak at 136.31. R3: 136.64 R2: 136.31 R3: 136.05 Pivot: 134.95 […]