Forex analytics and overview

EUR/JPY Moves Up In A Channel

05/03/2022

Less than a minute

2022.05.03 16:56

EUR/JPY is trading at 137.31 in a range. This looks like a big a-b-c move after the 5 fractals down. We are looking for a continuation to the ATR target at 138.36 and then a decisive move could be likely.

Watch the DXY for any change in direction. The ATR for the pair currently is 154 pips per day and its 180-day average is 131 pips per day. DYX is currently down at the time of this post. EUR/JPY Moves Up In A Channel EUR/JPY price chart.

05/03/2022

Less than a minute

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