Reading the Chart
USD/JPY Range Trade
USD/JPY Range Trade
Forex Strategy is Bullish: We are currently @ 158.39 in a Range. We are looking for a short pullback on this break and then continue to the ATR Target @ 158.79. USDX is currently up. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 93 pips per day and it’s 90-day average is 108 pips per day.
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