USD/JPY – keeps hinting down

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USD/JPY – keeps hinting down

By Pro Act Traders — Author

Note: Retail Sales was negative!

Bearish: We are currently @ 138.60 in a channel. We are looking for a continuation to the ATR Target @ 137.53 with the overall target the 0.618 Fibo @ 137.12. Watch the USDX for direction. The average daily true range (ATR) for the pair is 125 pips per day and it’s 90 day average is 130 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Jul 18, 2023 — 8:07 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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By jennifer santiago — 3 years ago

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