xlycon

EURJPY MID-TERM TARGET

Long
FX:EURJPY   Euro / Japanese Yen
2
Base on the correlation of two known studies, projected target of eurjpy is around 144.50.
- Theory about GAP, indicates that gap tends to get filled. No matter how long it will take. Sometime in the future it will always be filled.
- Measured move target is in correlation with the location of the gap.

The only factor missing in these two studies in time. Can't tell how long it will take to reach that target.

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