EURJPY poised to continue the channel

Bullish: USDX is currently down at the time of this post. We are currently @ 128.63 in a channel. We are looking for an initial move to the ATR target@ 129.93 area and then the day R6 @ 130.50. Watch the USDX for any change in direction. The ATR for the pair currently is 160 pips per day and its 180 day average is 132 pips per day.

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Posted to Introduction to Forex Targe… on Mar 10, 2022 — 8:03 AM

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