USD/JPY – up or down

Bearish: We are currently @ 150.57 in a rectangle pattern. Two scenarios: Bullish: a move to the upper day chart trend line @ 152.00 area). 2: Bearish: A break down here or the 149.57 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 112 pips per day and it’s 90 day average is 125 pips per day. USDX is sideways.

Posted to Introduction to Forex Targe… on Feb 14, 2024 — 8:02 AM
Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!