EURJPY Elliott Wave Analysis

in elliottwave •  3 years ago 

EURJPY is bouncing and recovering in an impulsive fashion and back above channel resistance line, which confirms that the bottom can be in place.

So, we are now tracking a minimum three-wave A/1-B/2-C/3 rally, which means that we can expect more gains within wave C/3, just be aware of a pullback in wave B/2.

EURJPY 4h Elliott Wave Analysis Chart

EURJPY.png

elliottwave eurjpy currencies
3 years ago by

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