EUR/JPY – topping out

Pro Act

EUR/JPY – topping out

By Pro Act Traders — Author

Note: FOMC minutes later today

Bearish: We are currently @ 145.84 in a range in a breakout. We are looking for a continuation to the 0.618 Fibo @ 144.97 with a further target the ATR target @ 144.34. We have the start of convergence in play for the move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 163 pips per day and it’s 180 day average is 155 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Apr 12, 2023 — 8:04 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24
AUD/USD-starting the up move — 4/22/24
GBP/AUD-Sweet opportunity down — 4/18/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act