AUDJPY, Flag pattern says down

Bearish: We are currently @ 91.66 in a range with a bearish Flag Pattern. IF we can break the 91.60 we are looking for a continuation to the ATR target @ 90.48. Watch the USDX for any change in direction. The ATR for the pair currently is 137 pips per day and its 180 day average is 130 pips per day. USDX is currently sideways at the time of this post.

Posted to Introduction to Forex Targe… on May 02, 2022 — 8:05 AM
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