GBPJPY reversal

Waiting: USDX is currently going up but with divergence for the down at the time of this post. We are currently @ 153.34 in a new channel up. We are in a bullish flag so we are looking for an initial move to the ATR Target @ 154.50. Watch the USDX for any change in direction. The ATR for the pair currently is 114 pips per day and its 180 day average is 106 pips.

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Posted to Introduction to Forex Targe… on Nov 22, 2021 — 8:11 AM
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