EURJPY Triangle Break

Bearish: USDX is currently going down at the time of this post. We are currently @ 128.16 in a channel and a triangle. IF we break the triangle, we are looking for an initial move to the ATR target @ 127.29. Watch the USDX for any change in direction. The ATR for the pair currently is 89 pips per day and its 180 day average is 84 pips.

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Posted to Introduction to Forex Targe… on Nov 30, 2021 — 8:11 AM

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