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Elliott Wave Ananlysis of EUR/JPY for July 11, 2017

Posted On 11 Jul 2017
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Wave summary:

The expected rally higher towards 131.21 continues to unfold as expected. Once the target at 131.21 has been tested, it will be time to look for a correction towards at least 127.97 and possibly even closer to 125.82.

Trading recommendation:

Look for a EUR selling opportunity near 131.21

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Elliott Wave Ananlysis of EUR/JPY for July 11, 2017

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InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

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