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Technical Daily Analysis

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    $EURJPY –5th wave Target? Currently we are 124.85 on support. We are looking to continue the 5th wave to the 1.270 Fibo @ 123.57 and then a bounce. Watch for an inverse head and shoulders there. The average daily true range (ATR) for the pair currently is 128 pips.

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