EUR/JPY – Breakout opportunity

Pro Act

EUR/JPY – Breakout opportunity

By Pro Act Traders — Author

Note: CB Consumer confidence this AM!

Bearish: We are currently @ 156.19 after a breakout of the last move. MACD points the way down. We are looking for a continuation to the ATR Target @ 155.07 with the overall target the 1.000 Fibo @ 1153.53. This will require that USDX continues up. Watch the USDX for direction. The average daily true range (ATR) for the pair is 141 pips per day and it’s 90 day average is 129 pips per day. USDX is currently moving up. NOTE: Last post till next week- I am going on vacation.

Posted to Introduction to Forex Targe… on Jul 25, 2023 — 8:07 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD-Continues its climb — 4/29/24
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

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