EURJPY 1 HR Elliott Wave Count
As mentioned in the EURJPY Daily Elliott Wave Count, the pair has 5 waves up from the 115.87 low. This 5 waves is either a Leading Diagonal or part of a WXY correction. Either way Fridays bearish pin bar make me believe the pair is do for a pullback for a corrective wave before moving higher.
If this correction is b of the red (y) then 119.22 needs to hold. If it is a b wave correcting the Leading Diagonal then we could see 117.08.
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| EURJPY 1 HR Elliott Wave Count |