USD/JPY – GDP sends it flying

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USD/JPY – GDP sends it flying

By Pro Act Traders — Author

BULLISH: Forex Strategies: Currently we are at 145.31 in a channel in a range. We are looking for a continuation to the R4/ATR target @ 146.00 area. We anticipate a bearish reaction there. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 183 pips per day and it’s 90 day average is 161 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Aug 29, 2024 — 8:08 AM

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

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