Elliott wave analysis of EUR/JPY for January 4 – 2018
Wave summary: EUR/JPY spiked just below the support at 134.83 for a low at 134.77 before turning higher again. We remain positive for EUR/JPY, expecting it to move closer to 137.37, but the rally from 109.48 is becoming stretched and a soon top should not come as a big surprise. A break below 134.77 will […]