Elliott Wave Ananlysis of EUR/JPY for July 10, 2017

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Wave summary:

EUR/JPY continues to rally as expected and is headed for a test of the 131.21 target Once this target has been reached, we should be looking for a correction back down to at least 127.97.

Trading recommendation:

Look for a possible selling opportunity near 131.21

The material has been provided by InstaForex Company - www.instaforex.com