EURJPY opportunity

Bearish: Currently we are @ 122.58 topping out in a channel. IF we can break the support @ 122.50, we are looking to continue to ATR target @ 121.56-50 area. there is lots of evidence for this reversal on multiple time frames. The average daily true range (ATR) for the pair currently is 87 pips.

Posted to Introduction to Forex Targe… on Jul 20, 2020 — 8:07 AM

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