Elliott wave analysis of EUR/JPY for January 30, 2018
Wave summary: EUR/JPY is consolidating nicely below the pivot point at 135.00, which confirms more downside pressure shortly towards 131.11 from where another corrective rally is expected. Looking at the larger picture, wave (D) of a huge triangle consolidation completed with the peak at 136.64 and wave (E) is now developing and for the weeks […]