EURJPY Channel Breakout

Bearish: USDX is Bearish at the time of this post. We are currently @ 132.87in a range. We are looking for an initial move to the ATR Target @ 132.25 and then IF we break, down to the 131.98 area. Watch the USDX for any change in direction. The ATR for the pair currently is 81 pips per day and its 180 day average is 75 pips.

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Posted to Introduction to Forex Targe… on Oct 20, 2021 — 8:10 AM

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