EUR/JPY still in position for the top

Currently we are at 161.21 in a range, a channel. We are looking for a move to the ATR target @ 162.59. Watch for a head and shoulder pattern to start to develop. The ATR of the pair is 180 Pips a day. Watch the USDX for any change in direction.

Posted to Introduction to Forex Targe… on Sep 26, 2024 — 8:09 AM
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