Elliott Wave Ananlysis of EUR/JPY for July 17, 2017
Wave summary: EUR/JPY continues to point lower in a correction, which ideally will reach a low of 126.39 before turning higher again towards at least 1.3346. Short-term minor resistance is seen at 129.52, which we expect will cap the upside for a deeper corrective decline. Trading recommendation: We are short EUR from 129.85 with stop […]