NZDJPY channel

Bearish: USDX is currently going down at the time of this post. We are currently @ 76.75 in a channel. IF we break the support, we are looking for an initial move to the ATR target @ 75.95. Watch the USDX for any change in direction. The ATR for the pair currently is 83 pips per day and its 180 day average is 83 pips.

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Posted to Introduction to Forex Targe… on Dec 02, 2021 — 8:12 AM
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