Elliott wave analysis of EUR/JPY for June 16, 2020

The correction from 121.82 completed with a dip to 120.31 before starting to rally higher to break above the minor peak at 121.82. We should expect support near 121.47 being able to protect the downside for the next push higher towards 122.50 and 123.49 on the way higher to the next upside target at 125.76. […]