EUR/JPY – Triple top in place

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EUR/JPY – Triple top in place

By Pro Act Traders — Author

Note: Consumer Confidence Today

Bearish: Forex Strategies: Currently we are at 160.43 in a range. IF we can break slop support, we are looking for a continuation to the ATR target @ 159.38 area with a further target the 1.000 Fibo @ 158.96. We expect a reaction there. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 175 pips per day and it’s 90 day average is 139 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Sep 24, 2024 — 8:09 AM

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

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