Elliott wave analysis of EUR/JPY for June 22, 2017

Wave summary: Wave c of the expanded flat wave ii completed at 123.62, just above the expected 123.43 target. This means wave iii now should be developing for a rally towards 133.34 over the coming weeks. Short-term, support at 123.62 should be able to protect the downside for a break above minor resistance at 124.46 […]