$EURJPY- Wedge Break? | Marketfy

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$EURJPY- Wedge Break?

By Pro Act Traders — Author

Currently we are at 143.22 after the break north of the wedge at the old Day chart top that is broken. We are looking for a bullish continuation to the 1.270 Fibo area @ 143.71 IF it can take this strong resistance out! Bigger target is the 1.618 Fibo @ 144.12. The average daily true range (ATR) for the pair currently is 118 pips.

Posted to Introduction to Forex Targe… on Mar 13, 2014 — 9:03 AM

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

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