Elliott Wave Analysis: EURJPY Trading Higher 

INTRA EURJPY june 25 2017

Gregor - Author BIO photo

EURJPY is off the recent lows and we are counting this as the bullish development with red waves 1) and 2) already completed. That being said we should be now in the beginning phase of the 3) wave up which also needs to subdivide in to five minor waves. Sub-wave 3 of three has more room to go and after its completion we should see black wave 4 retracing a portion of it to the 124.50/60 support levels.


INTRA EURJPY june 25 2017


Disclosure: Please be informed that information we provide is NOT trading recommendation or investment advice. All of our work is for educational purposes only.



By Gregor Horvat

Find more: Contributing Authors

Leave a Comment

Broker Cyprus TopFX