EURJPY trying to start a 5th wave

Bearish: USDX is currently bearish at the time of this post. We are currently @ 129.32 in a channel. We are looking for an initial move to the Day chart bottom/ATR target @ 127.48 area. Watch the USDX for any change in direction. The ATR for the pair currently is 121 pips per day and its 180 day average is 106 pips per day.

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Posted to Introduction to Forex Targe… on Feb 28, 2022 — 8:02 AM
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