AUD/JPY – Trying to finish off the Box

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AUD/JPY – Trying to finish off the Box

By Pro Act Traders — Author

Forex Strategy is Bearish: We are currently @ 95.26 in a Range and in a channel. We are looking for a quick bounce on the 1.000 Fibo and then a continuation to the ATR target @ 94.85 area, with an overall target the 1.618 Fibo @ 94.54. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 108 pips per day and it’s 90-day average is 107 pips per day.

Posted to Introduction to Forex Targe… on Feb 06, 2025 — 8:02 AM

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

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I feel I picked the right trading company.

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