USDJPY trying to bounce

Bullish: USDX is up but uncommitted at the time of this post. We are starting to see signs to the upside which may only be a correction. IF we get traction we are looking for a continuation to the ATR Target @ 109.79 area. Watch the USDX for any change in direction. The ATR for the pair currently is 54 pips per day and it’s 180 day average is 54 pips.

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Posted to Introduction to Forex Targe… on Aug 17, 2021 — 8:08 AM

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