USD/JPY – One more push up

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USD/JPY – One more push up

By Pro Act Traders — Author

Forex Strategy is Bullish to Bearish: We are currently @ 153.99 in a channel in a range. We are looking for a continuation to the ATR target @ 155.00 area. We have divergence on the 60 min chart so this might be the last push up. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 157 pips and it’s 90-day average is 164 pips per day.

Posted to Introduction to Forex Targe… on Dec 16, 2024 — 8:12 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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