USD/JPY – making the turn

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USD/JPY – making the turn

By Pro Act Traders — Author

Bearish: We are currently @ 147.82 after taking out the range top. If we can break through support here, we are looking for a continuation to the ATR target @ 145.76 with the further target the 0.618 Fibo @ 145.54 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 142 pips per day and it’s 90 day average is 119 pips per day. USDX is down.

Posted to Introduction to Forex Targe… on Jan 22, 2024 — 8:01 AM

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

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