Eur/Jpy : Downtrend continues

Price action is very choppy and hard to count. A lot of corrective waves in corrective waves. Price has followed the projected path presented on the July 24th chart. The trend is down and should continue in this direction for some time. An alternative count has w of (Y) as a completed wave (Y). This would mean that price will go much lower.

Longterm Eur/Jpy

Here's a longterm count for Eur/Jpy. There are a lot of alternative counts, both bullish and bearish.