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FX.co ★ Elliott Wave Ananlysis of EUR/JPY for July 10, 2017

Elliott Wave Ananlysis of EUR/JPY for July 10, 2017

Elliott Wave Ananlysis of EUR/JPY for July 10, 2017

Wave summary:

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EUR/JPY continues to rally as expected and is headed for a test of the 131.21 target Once this target has been reached, we should be looking for a correction back down to at least 127.97.

Trading recommendation:

Look for a possible selling opportunity near 131.21

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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