Trend is bearish in 15 minutes chart of EUR/JPY currency pair. Important resistance is present at 133.17 price level. All those traders who followed my Elliott wave forecast and opened a sell trade made a right decision as price dropped, today. Based on Elliott wave principle, current decline is a bearish Wave A and now I expect price to turn sideways and probably move up a little bit to complete bullish Wave B. Next, I expect a top and drop in EUR/JPY currency pair.
