CHF/JPY – continuation looks promising

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CHF/JPY – continuation looks promising

By Pro Act Traders — Author

Note: ISM Services today

Bearish: Forex Strategies: Currently we are at 169.28 in a channel. We are looking for a continuation to the ATR target @ 168.23 area with a further target the 1.618 Fibo @ 167.88. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 139 pips per day and it’s 90 day average is 141 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Sep 05, 2024 — 8:09 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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