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Elliott Wave Analysis: USDJPY and EURUSD

Elliott Wave Financial Service
By Elliott Wave Financial Service

NFP came out below expectations (156k vs 180k), but USD saw a new leg down only temporary, now is turning up again. We have seen a nice move down on USDJPY to 109.50 supports from where we expect more upside now. Same thing with EURUSD which appears to be bearish away from 1.1980.

USDJPY, 1H

EURUSD, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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