EURJPY Chart Technical Outlook trading within the 5th wave, support located at 169.45
We are trading within the 5th wave of a bullish Elliott Wave count. With this morning’s price action, I would express caution to bulls. We have a 261.8% extension level located at 170.71. Prime support is located at 169.45. For now, we have higher highs and higher lows. This suggests buying dips.
