USD/JPY – Range Opportunity

Pro Act

USD/JPY – Range Opportunity

By Pro Act Traders — Author

BULLISH TO bearish: Forex Strategies: Currently we are at 144.73 IN A RANGE. We are in a channel and are looking for a continuation to the 1.00 Fibo @ 145.42 and then the ATR Target @ 146.00 area. We anticipate a bearish reaction there. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 188 pips per day and it’s 90 day average is 160 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Aug 28, 2024 — 8:08 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

You can also use Ctrl+Enter to post

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

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act