EURJPY Range opportunity

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EURJPY Range opportunity

By Pro Act Traders — Author

Two scenarios: Bullish: a move to the Range top @ 126.75 area and break out there we will look to the 1.618 Fibo @ 127.20. 2: Bearish: A break down here or the 1.2996 area would set up the move to the range bottom @ 125.79 and then the 1.618 Fibo @ 125.20. Watch the USDX for any change in direction. The ATR for the pair currently is 73 pips per day.

Posted to Introduction to Forex Targe… on Dec 14, 2020 — 8:12 AM

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

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