EUR/JPY-Still moving up

Bullish: Currently we are at 168.92 in a channel. We are looking to continue to the R6 @ 170.15 and then the ATR target @ 170.55. Watch the USDX for direction. The average daily true range (ATR) for the pair is 195 pips per day and it’s 90 day average is 114 pips per day. USDX is currently down.

Posted to Introduction to Forex Targe… on May 14, 2024 — 8:05 AM
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