Get started
ew-forecast

EURJPY : More Upside Could Follow

Long
Euro / Japanese Yen (FX:EURJPY)  
ew-forecast  
FX:EURJPY   Euro / Japanese Yen
EURJPY Elliott Wave correction impulsive
12
0
eurjpy elliottwaves correction impulsive
A lot of yen-crosses have tight correlation with USDJPY. On the chart below we are looking at 4h time frame of EURJPY which has a very clear wave structure; five waves up and now three waves down to 50-61.8% retracement area where pair may turn bullish again. We will pay attention to impulses from that region that can be interesting for long entries.

www.ew-forecast.com
Elliott Wave Service
👉 www.wavetraders.com
👉 Newsletter Sign up: bit.ly/3FVPVzO
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.