Elliott wave analysis of EUR/JPY for January 30, 2018

Wave summary: The correction in wave ii/ continues to develop nice and slow for an expected dip to 1.6800 before wave iii/ takes over for a rally towards 1.7360 on the way higher to 1.7479 and 1.7777. Short-term a minor resistance is seen at 1.6957 and only a break above here will indicate that wave […]