EUR/JPY –Corrective move looks over

Sep 05, 2023

Bearish: We are currently @ 158.07 after a corrective move. IF we can break support here , we are looking for a continuation to the ATR Target @ 157.30 with the further target @156.74. Watch the USDX for direction. The average daily true range (ATR) for the pair is 112 pips per day and it’s 90 day average is 125 pips per day. USDX is currently moving up.