Forex analytics and overview

EUR/JPY: Triple Top in Place

08/17/2023

Less than a minute

2023.08.17 10:10

Scott Barkley

currently at 1158.98 in a possible start of a rune to the bottom. We have divergence in play. If we can push through slope support here we are looking for a continuation to the ATR target @ 158.00 with the overall target today the 2.618 Fibo@ 1157.48. Watch the USDX for direction. The pair’s average daily true range (ATR) is 137 pips per day, and its 90-day average is 126 pips per day. USDX is currently moving down.

EURJPY –Triple top in place

08/17/2023

Less than a minute

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