EURUSD and USDJPY Searching For Support: Elliott Wave Analysis
EURUSD is coming sharply down due to the situation in Ukraine, but so far still with three legs that can be wave B, but it must stop now at 78.6% Fib level. In fact, we need impulse back above 1.1360 as a confirmation for a bullish view.
EURUSD 4h Elliott Wave Analysis
USDJPY is down as US yields move slightly down, always from 2% resistance. On currency pair we see ongoing complex correction now, because of overlaps, so it's an a-b-c-x-a-b-c pattern, possibly in the final stages.
USDJPY 4h Elliott Wave Analysis
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