GBPJPY Range Trade

Bearish: We are currently @ 136.57 in a range. IF we can break slope support we are looking for a continuation to the ATR target @ 135.30 area. This is also the Range bottom @ 135.67 area so watch for a bounce there. Watch the USDX for direction. The ATR for the pair currently is 126 pips per day.

Posted to Introduction to Forex Targe… on Oct 20, 2020 — 8:10 AM

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