Scott Barkley
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Scott Barkley in Proact Traders,

$USDJPY- Correction?

Currently we are 107.53 after a breakout of the prevailing trend.  We are looking for a continuation to the 0.618 Fibo @ 104.32 with a further target to the old range top @ 105.43.  The average daily true range (ATR) for the pair currently is 154 pips.

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