EURJPY: CHANNEL CONTINUATION

Bearish: Currently we are at 117.83. IF we can break this support, we are looking for a move to the ATR Target @ 116.67 area and maybe a continuation to the day chart bottom @ 115.94. The average daily true range (ATR) for the pair currently is 198 pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Mar 18, 2020 — 8:03 AM
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