Elliott wave analysis of EUR/JPY for June 8, 2017

Wave summary; Important support at 122.53 protected the downside for a break above minor resistance seen at 123.55 indicating wave c had completed and wave d, of the expected triangle consolidation, now is unfolding. This should provide a rally higher to 124.63 in the coming days. Short-term minor support seen at 122.97 should be able […]