EURJPY reversal

Bearish: Currently we are @ 119.67 out of a rising wedge at the top of the 5th wave. We are looking for a move down to the ATR Target @ 118.84 and then down to the trend wall. Watch for a reaction at that level. The average daily true range (ATR) for the pair currently is 93 pips.

Posted to Introduction to Forex Targe… on Jun 01, 2020 — 8:06 AM

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Great weekly analysis, very useful and educational.
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