Elliott wave analysis of EUR/JPY for November 7 – 2014
Today’s support and resistance levels: R3: 143.62 R2: 143.28 R3: 142.90 Current spot: 142.77 S1: 142.47 S2: 142.17 S3: 141.70 Technical summary:The correction in red wave iv is still unfolding and we are still looking for a decline to 141.70 before the next impulsive rally higher towards 146.15 to end wave (iii). Short-term minor resistance […]