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Bullish: EUR/JPY is currently at 139.50 at the start of a channel. We are looking to continue to the ATR target at 140.70 area with a further target of 141.00.
Watch the USDX for direction. The average daily true range (ATR) for the pair is 165 pips, and its 180-day average is 165 pips per day. USDX is currently threatening down.
The EUR/USD has been in a tight bear channel for the past month. The market is getting close to support, which increases the odds of a bounce and a couple of legs sideways to...
USDJPY came under weak selling pressure after peaking at a six-month high of 140.91 on Monday, with the pair set to close in negative territory for the first time in three...
Bullish EUR/AUD: We are currently at 1.6495 just out of the flag pattern. We are looking for a continuation to the 1.000 Fibo at 1.6533 with the overall target ATR target at...
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