Elliott Wave Ananlysis of EUR/JPY for July 19, 2017

Wave summary: We are still looking for a deeper correction in wave iv closer to 126.38 before the next rally higher in wave v will take over for a rally towards 133.46. Short-term resistance is seen at 129.57 which ideally will be able to cap the upside for the decline towards 126.38. Trading recommendation: We […]