Elliott wave analysis of EUR/JPY for February 20, 2018

Wave summary: We continue to look for a corrective pop into the 134.73 – 135.39 area before the next strong decline towards 129.30 on the way lower to 123.43 is seen. The short-term support at 131.70 is expected to protect the downside for a break above the minor resistance at 132.62, that calls for the […]