AUDJPY- Breakout opportunity

Bearish: We are currently @ 93.59 after the breakout. IF we can break support here, we are looking for a continuation to the ATR Target @ 92.62 with a further target the support @ 92.50. We have convergence on the hourly. Target down is 142.52 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 111 pips per day and its 180 day average is 121 pips per day. USDX is currently down.

Posted to Introduction to Forex Targe… on Nov 15, 2022 — 8:11 AM
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