EUR/JPY-hard bounce should produce

Note: Unemployment claims was neutral today

Bullish: Currently we are at 168.54 after a hard bounce on the channel. We are looking to continue to the ATR target @ 169.36 and then the 1.000 Fibo @ 170.00. Watch the USDX for direction. The average daily true range (ATR) for the pair is 197 pips per day and it’s 90 day average is 117 pips per day. USDX is currently up.

Posted to Introduction to Forex Targe… on May 16, 2024 — 8:05 AM

Recent free content from Pro Act Traders

Comments on this post have been disabled by the Maven.

Reviews Average Rating          

I feel I picked the right trading company.
See All Reviews →