USDJPY topping out

Bearish: USDX is headed down at the time of this post. We do not yet have a MACD break so make sure you get a solid break of the Slope support. IF we get traction, we are looking for a continuation to the ATR Target 109.52 area. Watch the USDX for any change in direction. The ATR for the pair currently is 50 pips per day and it’s 180 day average is 51 pips.

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Posted to Introduction to Forex Targe… on Sep 01, 2021 — 8:09 AM

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