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22.12.2021: Forex Analysis & Reviews: Elliott wave analysis of EUR/JPY for December 22, 2021
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EUR/JPY is clearly in its final stages of the correction near wave 4/. All we need is a break above minor resistance at 129.64 to confirm that wave 4/ is completed and wave 5/ of 3 is in motion towards at least 135.04 and possibly even closer to the 139.70 target. This will complete wave 3 and set the stage for another wave 4 correction,. However, first we need to stay alert to signs that wave 4/ is completed and wave 5/ is in motion. The best thing that can happen is a break above minor resistance at 129.64 to confirm that wave 5/ is in motion.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Torben Melsted,
Analytical expert of InstaForex
© 2007-2026
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