USD/JPY – Big Opp South

Bullish: Forex Strategies: Currently we are at 146.39 in a channel. We looking for a continuation to the ATR target @ 144.71 and then the Day chart bottom @ 142.18. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 261 pips per day and it’s 90 day average is 152 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Aug 20, 2024 — 8:08 AM

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