Elliott wave analysis of EUR/JPY for December 29, 2017 888011000 110888 < imgwidth =” 450 “src= “http://qkfx.com/wp-content/uploads/2017/12/elliott-wave-analysis-of-eur-jpy-for-december-29-2017.png” alt =”analytics5a45c6383d3c2.png”/ > Wave summary: Here is the last update in 2017 and we continue to try to find a last spike higher to 137.37 to total wave( D)and set the stage for wave (E)lower to the ideal target at 123.43. The trading action since prior to Christmas hasbeen extremely dull and nothing much is expected from thislast trading day for 2017. R3 : 136.05 R2: 135.75 R1: 134.97 Pivot: 134.17 S1: 133.84 S2: 133.62 S3: 133.12 Trading suggestion: We are long EUR from 134.10 with stop+reverse at 134.10. The product has actually been offered by InstaForex Company-www.instaforex.com

By | December 29, 2017

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