GBPJPY big bounce to move north

Bullish: USDX is currently bearish at the time of this post. We are currently @ 156.05 in a range. We are looking for an initial move to the Square up/ATR target @ 157.20 area. Watch the USDX for any change in direction. The ATR for the pair currently is 112 pips per day and its 180 day average is 113 pips per day. Note: only post this week- having surgery.

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Posted to Introduction to Forex Targe… on Feb 22, 2022 — 8:02 AM
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