EUR/JPY Range Trade

 | Apr 14, 2021 08:32AM ET

h2 Bearish

EUR/JPY is currently at 130.31 in a range. If we can break slope support, we are looking for a move to the ATR Target at 125.65 area. A further target is at the 0.500 Fibo at 129.48  Watch the USDX for any change in direction. The ATR for the pair currently is 65 pips per day.