EW Update: EURJPY Getting Ready For 123.61 Zone

Hello traders!

On the EURJPY we have seen another three-wave a-b-c decline into a wave iv) from current highs, which means more upside can be in view towards 123.60 area for a wave v) of "iii". That being said, we are bullish, as long as price keeps trading above the 122.20 invalidation level.

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eurjpy, intra