USD/JPY – reversal soon

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USD/JPY – reversal soon

By Pro Act Traders — Author

Forex Strategies Bullish to Bearish: We are currently @ 154.20 in a range in a big range. We are looking for a continuation to the range top @ 154.55 area and then reverse back to the 0.618 Fibo @ 152.25. Divergence is in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 154 pips and it’s 90-day average is 183 pips.

Posted to Introduction to Forex Targe… on Nov 12, 2024 — 8:11 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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