EURJPY rising wedge opp

Bearish: We are currently @ 133.73 headed back to the range. If we can break the Rising Wedge, we are looking for an initial move to the ATR Target @ 133.15 area. A further target is the 0.786 Fibo @ 132.87. Watch the USDX for any change in direction. The ATR for the pair currently is 63 pips per day.

Posted to Introduction to Forex Targe… on Jun 02, 2021 — 8:06 AM
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