$USDJPY– rectangle break? | Marketfy

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$USDJPY– rectangle break?

By Pro Act Traders — Author

Currently we are 109.46 in a large range and attempting a rectangle break. We are looking to break up to the 0.214 Fibo @ 110.56. Watch the USDX for signs of weakness at the end. The average daily true range (ATR) for the pair currently is 124 pips.

Posted to Introduction to Forex Targe… on May 17, 2016 — 8:05 AM

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