EURJPY channel trade

Bearish: We are currently @ 126.45 in a channel and a range. We are looking for a move to the ATR Target @ 125.87 area. A continuation would target the 0.214 Fibo for an additional 25 pips. Watch the USDX for any change in direction. The ATR for the pair currently is 66 pips per day.


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

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