EURJPY channel trade

Bearish:  We are currently @ 126.45 in a channel and a range. We are looking for a move to the ATR Target @ 125.87 area. A continuation would target the 0.214 Fibo for an additional 25 pips. Watch the USDX for any change in direction. The ATR for the pair currently is 66 pips per day. 

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