EURJPY Continuing the Channel

Bearish: USDX is currently going up at the time of this post but near a top AFTER FOMC. We are currently @ 128.59. We have convergence in play on the hourly compressions. We are looking for an initial move to the ATR target @ 128.04 area with a further target the 1.270 Fibo @ 127.29. Watch the USDX for any change in direction. The ATR for the pair currently is 85 pips per day and its 180 day average is 84 pips per day.

Join us in our Open house https://proacttraders.com/open-house

Posted to Introduction to Forex Targe… on Jan 27, 2022 — 8:01 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →