EUR/JPY – Bearish signals emerge

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EUR/JPY – Bearish signals emerge

By Pro Act Traders — Author

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Forex Strategy is Bearish: We are currently @ 157.05 in a range. We are looking for a continuation to the ATR target @ 156.21 area and then to the 0.618 Fibo @ 155.99. We have convergence for the down move. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 179 pips and it’s 90-day average is 173 pips per day.

Posted to Introduction to Forex Targe… on Dec 03, 2024 — 8:12 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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