AUDJPY: Triangle Breakout?

Bearish: Currently we are at 73.90 in a range and in a triangle.We are looking for the breakout short to the ATR target @ 73.24. Watch for the bounce on the range bottom @ 73.34. The average daily true range (ATR) for the pair currently is 62 pips with a 180-day ATR of 63 Pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Tar... on Nov 26, 2019 — 8:11 AM

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