Elliott wave analysis of EUR/JPY for June 27, 2017

Wave summary: EUR/JPY has rallied nicely and the next hurdle to overcome is seen at 125.80 a break above this resistance, will confirm continuation higher to the next target seen at 127.00. Short-term support is now seen at 124.68 which ideally will be able to protect the downside for the expected break above 125.80. R3: […]