Elliott wave analysis of EUR/JPY for March 1, 2018
Wave summary: EUR/JPY continues to follow the expected path lower towards the next downside target seen at 128.69. Short-term resistance is seen at 130.41 and again at 130.89. The later one should be able to cap the upside for the expected decline lower towards 128.69. R3: 131.15 R2: 130.89 R1: 130.41 Pivot: 129.80 S1: 129.40 […]