EURJPY Range opportunity

Bearish: USDX is still bullish but at the top of the channel at the time of this post. We are currently @ 129.69 in a channel in a range. IF we can break the flag pattern here, we are looking for an initial move to the ATR Target @ 129.21 area. A further target is the 0.500 Fibo @ 128.91. Watch the USDX for any change in direction. The ATR for the pair currently is 70 pips per day and its 180 day average is 70 pips.

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Posted to Introduction to Forex Targe… on Sep 30, 2021 — 8:09 AM

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