EURJPY continuation

Bearish: Currently we are @ 121.40. We have convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 120.70/60 area and then later a continuation to the range bottom @ 119.48. We expect a bounce there. The average daily true range (ATR) for the pair currently is 118 pips.


Posted to Introduction to Forex Targe… on Jun 11, 2020 — 8:06 AM
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Great weekly analysis, very useful and educational.
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