GBPJPY: Slope support break?

Bearish: Currently we are at 142.49 after the breakout.We are looking to continue to the ATR Target @ 142.40 and then possibly the 0.382 Fibo @ 142.00.Watch for a bounce at the ATR target. The average daily true range (ATR) for the pair currently is 97 pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Dec 12, 2019 — 8:12 AM

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