[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

EUR/JPY Might Break Trading Range

09/11/2023

Less than a minute

2023.09.11 09:07

Scott Barkley

is currently trading at 156.96 within a channel and range. There is an unfilled gap, which is typically filled only 78% of the time. If the support is broken, we can expect a continuation to the ATR Target at 156.60 with the further target for today being 1.000 Fibo at 155.91. To determine the direction, keep an eye on the USDX. The average daily true range (ATR) for the pair is 110 pips per day, and its 90-day average is 122 pips per day. Currently, USDX is moving downwards.

EUR/JPY