Elliott wave analysis of EUR/JPY for February 7, 2018

Wave summary: EUR/JPY has followed the expected path to perfection and the corrective rally we were looking for could and should be complete soon for more downside pressure towards 133.01 and 131.24 and the next downside targets on the way lower to the long-term ideal wave (E) target at 123.43. Short-term a break below minor […]