NZDJPY Continuation

Bullish: USDX is bearish at the time of this post. We are currently @ 77.50 in a channel in a range. We are looking for an initial move to the ATR Target @ 78.06 area. A Day chart resistance may stall it @ 77.94. Watch the USDX for any change in direction. The ATR for the pair currently is 79 pips per day and its 180 day average is 74 pips.

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Posted to Introduction to Forex Targe… on Oct 05, 2021 — 8:10 AM

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