AUDJPY reversing

Bearish: We are currently @ 95.09. We have the first sign of the start of a new channel short. We are looking for a move to the ATR target @ 94.06 area. Watch the USDX for any change in direction. The ATR for the pair currently is 107 pips per day and its 180 day average is 97 pips per day. USDX is currently DOWN at the time of this post.

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Posted to Introduction to Forex Targe… on Apr 20, 2022 — 8:04 AM

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