USDJPY channel continuation?

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USDJPY channel continuation?

By Pro Act Traders — Author

Bearish:Currently we are @ 107.73 after breaking out of a channel. We are looking for a continuation to the ATR Target of 107.36 and then to the double bottom #106.78 after this pullback. The average daily true range (ATR) for the pair currently is 54 pips but its 180-day ATR is 61 pips a day.

Posted to Introduction to Forex Targe… on Jul 03, 2019 — 8:07 AM

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

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