EUR/JPY – 5th wave completion on deck

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EUR/JPY – 5th wave completion on deck

By Pro Act Traders — Author

Forex Strategy is Bearish: We are currently @ 160.41 in a channel and a 5^th wave. We are looking for a continuation to the ATR target @ 159.56 area, with possible movement to the 5^thwave support (S5) @ 159.15. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 154 pips per day and it’s 90-day average is 158 pips per day

Posted to Introduction to Forex Targe… on Jan 16, 2025 — 8:01 AM

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

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