Elliott wave analysis of EUR/JPY for February 9, 2018

Wave summary: Corrections take a turn early or keep moving deeper/higher than initially expected. This is exactly, what we expect the EUR/JPY pair to do. Instead of turning higher from the support at 133.96, EUR/JPY continued lower to the next support at 133.01 in the wave b/ of an expanded flat b-wave correction. This means […]