EURJPY has seen some weakness yesterday after the FOMC minutes; price turned down perfectly from our resistance level. The current price action looks nice for more weakness ahead. Ideally, wave three will accelerate to a new low in the sessions ahead; but for now, invalidation level will remain at 128.18.
EURUSD is also looking very weak for the last few days and we will expect more downside for sure after any rally. Ideally, wave B/2 will still reach higher levels, possibly near 1.1212 to complete a flat correction.
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