EURJPY breaking Lower; 128.00 in View - Elliott Wave Analysis

Hi traders,

EURJPY recently fully unfolded a complex correction within wave B, which looks to have found a top at the 133.12 level. We can see that a new, bearish breakdown followed afterwards, which broke below the lower corrective channel line. This break can indicate a drop in minimum three-waves and can aim for the 128.0 area.

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EURJPY, 4h

eurjpy 4h