Elliott wave analysis of EUR/JPY for August 4, 2020

EUR/JPY is still expected to move higher towards resistance in the 125.58 – 125.82 area, from where a lager correction towards 123.79 is possible. We are not looking for a major top, but just a temporary top before the next impulsive rally higher towards 127.23 and ideally closer to 129.26. Support is now seen in […]