EUR/JPY Is At The End Of Fourth Corrective Wave

 | Mar 12, 2019 08:51AM ET

EUR/JPY Bearish: Currently, we are at 125.32 at the end of a 4th corrective wave. IF we can break here, we are looking for the continuation to S3 at 124.90. The overall target is the S4 at 123.44 area. The average daily true range (ATR) for the pair currently is 77 pips.