Bullish: Currently we are @ 129.92 in a range and a channel.  We have a significant top at the 130.15 area but…IF we can break that we are looking initially for a continuation to the 1.270  Fibo @ 130.50 and ultimately a move to the 1.618 Fibo @ 130.95. The average daily true range (ATR) for the pair currently is 100 pips.

EURJPY

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