GBPJPY channel continuation

Bullish: USDX is headed down at the time of this post. We are looking for a continuation of the channel to the ATR Target @152.70 area. We have a channel and a MACD break already. Watch the USDX for any change in direction. The ATR for the pair currently is 78 pips per day and it’s 180 day average is 86 pips.

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

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