GBP/JPY- Topping out

Bearish: Forex Strategies: Currently we are at 201.97 in the top of a range. We are looking for this to be the top and if we continue through here we will target the ATR Target @ 200.84 There is a bottom slightly further 200.48 which is significant We should see a reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 146 pips per day and it’s 90 day average is 143 pips per day. Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Jun 24, 2024 — 7:06 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 →