EURJPY: continuation?

Bearish:Currently we are at 121.13 on the top of a channel.A continuation here would the ATR Target @ 120.62 and then the 0.785 Fibo @ 119.98 area. The average daily true range (ATR) for the pair currently is 71 pips with a 180-day ATR of 71 Pips.WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Jan 07, 2020 — 8:01 AM
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  • {[]} — Marketfy Staff — Maven — Member
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