EUR/JPY Continuation?
Scott Barkley | Jun 13, 2019 08:20AM ET
EUR/JPY Bullish: Currently, we are at 122.45 after completing a bounce on the range bottom. We are looking for a continuation initially to the 1.618 Fibonacci at 123.47 and then continue to the 2.618 Fibonacci at 124.83. The average daily true range (ATR) for the pair currently is 65 pips but its 180-day ATR is 85 pips a day.
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