EUR/JPY – will it break

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EUR/JPY – will it break

By Pro Act Traders — Author

Forex Strategies

Bearish: We are currently @ 165.83 in the top of the range with a triple top in play. If we can break the slope support, we are looking for a continuation to the ATR target @ 165.13 and then further movement to the 1.000 Fibo @ 164.89. Divergence is in play. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 109 pips and it’s 90 day average is 171 pips.

Posted to Introduction to Forex Targe… on Oct 30, 2024 — 8:10 AM

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

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