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Elliott Wave Analysis: EURJPY Looking For More Upside

Long
Euro / Japanese Yen (OANDA:EURJPY)  
ew-forecast  
OANDA:EURJPY   Euro / Japanese Yen
EURJPY Elliott Wave correction impulsive
17
2
eurjpy elliottwaves correction impulsive
On EURJPY price turned sharply higher from 120.60 area. So far, we can see a very aggressive leg up, towards the upper channel line which suggests that market has resumed an uptrend. However, nothing moves in straight line, so be aware of a corrective retracement back in wave 2) that may show up.
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