Elliott wave analysis of EUR/JPY for December 18, 2017

Wave summary: We continue to look for more downside pressure to important support at 131.14 and a break below here will confirm that wave (D) completed with the test of 134.50 and wave (E) lower to 123.43 is developing. Short-term resistance is now seen at 132.78 and again at 133.76, which needs to cap the […]