EURJPY continuation

Bearish: Currently we are at 116.18 in a 3rd wave. We are looking for a move down to the S5 @ 115.27 and then the ATR target @ 115.46. Watch for a bounce there. The Average Daily True Range (ATR) for the pair currently is 92 pips. WATCH THE USDX for more clues

Posted to Introduction to Forex Targe… on Apr 27, 2020 — 8:04 AM

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Great weekly analysis, very useful and educational.
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