EUR vs. YEN - Projection In The Next 2 Months - 4 August 2022

2022年8月4日

EURJPY is in interesting positing. It is good moment for medium term accumulation. Yen in medium term will decrease. My expectations are for range and a choopy market in next 3 weeks and strong price will be formed once break the downside trendline.

- By Elliot Waves the price forming A-B-C correction
- In the end of C-5 corrective wave and hitting 50%
- Strong price action will be formed after breakout

If you have any questions related to this trading idea I will be happy to provide you with answers.