EUR/JPY – Pullback to go again

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EUR/JPY – Pullback to go again

By Pro Act Traders — Author

Bearish: We are currently @ 162.70 in a range. We are looking to finish an ABC pattern and then the resumption to the ATR target @ 162.00. There is a further 1.000 Fibo target @ 161.77 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 82 pips per day and it’s 90 day average is 122 pips per day. USDX is down.

Posted to Introduction to Forex Targe… on Mar 06, 2024 — 8:03 AM

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

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