$AUDJPY – Triangle break?

Currently we are @ 86.37 in a triangle pattern that is bullish for the pair. We are looking for a more to the 1.270 Fibo @ 86.88 and a possible continuation to the R6 @ 87.34 area. watch for a bounce there. The average daily true range (ATR) for the pair currently is 72 pips.


Posted to Introduction to Forex Targe… on Dec 13, 2016 — 8:12 AM
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