EURJPY Bullish. Elliot wave, S&R and economic indicators agree
EURJPY Bullish.
Fundamentals
All Chinese major economic indicators failed to meet economic forecast indicating weakness in economy
Technicals
3rd Elliot wave coming to an end after breaking previous resistance. Price will retrace onto one of the R levels and commence with the 5th wave.
Daily trendline upheld
Fundamentals
All Chinese major economic indicators failed to meet economic forecast indicating weakness in economy
Technicals
3rd Elliot wave coming to an end after breaking previous resistance. Price will retrace onto one of the R levels and commence with the 5th wave.
Daily trendline upheld