AUDJPY pullback sets up the continuation

Bullish: We are currently @ 93.58 in a channel. We are looking for a continuation to the ATR target 94.77 area and then the R8 @ 94.98. 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 120 pips per day. USDX is currently down at the time of this post.

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Posted to Introduction to Forex Targe… on Jun 02, 2022 — 8:06 AM

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