AUDJPY Reversal Opportunity

Bearish: USDX is headed up at the time of this post. Currently we are at 80.74. We are looking for a continuation to the ATR (Average True Range) Target @ 90.14 area. The 0.500 Fibo @ 79.96 would be the target after the ATR target. Watch the USDX for any change in direction. The ATR for the pair currently is 78 pips per day and it’s 180 day average is 77 pips.

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Posted to Introduction to Forex Targe… on Sep 28, 2021 — 8:09 AM

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