AUDJPY: Triangle Breakout?

Bearish: Currently we are at 73.90 in a range and in a triangle.We are looking for the breakout short to the ATR target @ 73.24. Watch for the bounce on the range bottom @ 73.34. The average daily true range (ATR) for the pair currently is 62 pips with a 180-day ATR of 63 Pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Nov 26, 2019 — 8:11 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →