NZDJPY channel continuation

Bearish: USDX is currently moving up at the time of this post. We are currently @ 80.23. IF we can break support, we are looking for an initial move to the ATR Target @ 79.67 and then to the 0.500 Fibo support @ 79.44 area. Watch the USDX for any change in direction. The ATR for the pair currently is 75 pips per day and its 180 day average is 73 pips.

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Posted to Introduction to Forex Targe… on Nov 16, 2021 — 8:11 AM
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