USDJPY continuation

Bearish: Currently we are at 107.37 in channel. We are looking for a move to the ATR target @ 106.56 and then watch for a continuation of the channel to the S6 @ 105.46. The average daily true range (ATR) for the pair currently is 106 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Apr 14, 2020 — 8:04 AM

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Great weekly analysis, very useful and educational.
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