EURJPY FLAG Opportunity

Bullish: USDX is currently going down at the time of this post. We are currently @ 128.46 just out of a flag pattern (bullish). We have the convergence for the continuation move. We are looking for an initial move to the ATR Target @ 129.02 with a continuation to the 0.214 Fibo @ 129.19. Watch the USDX for any change in direction. The ATR for the pair currently is 89 pips per day and its 180 day average is 80 pips.

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Posted to Introduction to Forex Targe… on Dec 21, 2021 — 8:12 AM
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