AUDJPY Continuation Opportunity

Bullish: USDX is currently going down at the time of this post. We are currently @ 82.38 above the day chart top. We have the convergence for the continuation move. We are looking for an initial move to the ATR Target @ 82.89 with a continuation to the 1.618 Fibo @ 82.97. Watch the USDX for any change in direction. The ATR for the pair currently is 111 pips per day and its 180 day average is 89 pips.

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Posted to Introduction to Forex Targe… on Dec 16, 2021 — 8:12 AM

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