EURO YEN IS TIME FOR CORRECTION

Euro yen has made a nice move up caused by yen depress, but now is time to correct a little. After made five waves up perfectly we need a ABC correction before continue the uptrend. So we must look at the last congestion zone the area 102.00 to 102.40. In that place the the pair must complete the move down. The indicators are moving to the down side and with the double divergence in the RSI, we are confident on this.

EUR/YEN 1H CHART