EUR/JPY – back in the channel

Note: ISM Manufacturing PMI is this AM

Bearish: We are currently @ 149.10 back in the channel. We are looking for a continuation to the 1.618 Fibo @ 148.46 with the overall target the ATR target @ 147.82. Watch the USDX for direction. The average daily true range (ATR) for the pair is 102 pips per day and it’s 180 day average is 157 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Jun 01, 2023 — 8:06 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →