Scott Barkley
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Scott Barkley in Proact Traders,

$EURJPY- Rectangle break?

Currently we are 116.69 in a reversal.  We are looking for a continuation to the 0.382 Fibo @ 115.52 and then the 0.500 Fibo @ 114.64 with a bounce anticipated there.  The average daily true range (ATR) for the pair currently is 178 pips.