Elliott wave analysis of EUR/JPY for May 20, 2020

EUR/JPY has finally rallied. The pair may reach the 161.8% target for wave iii/ at 119.31. in the short-term, we will see some GO-Stop action in play as the final waves four and five sub-waves will complete wave iii/ at 119.31. Short-term support is seen in the 117.37 – 117.48 support-zone which is expected to […]