Forex analytics and overview

AUD/JPY-Breakout Opportunity

2022.11.15 10:13

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Scott Barkley

AUD/JPY Bearish:  is currently at 93.59 after the breakout. If we can break the support here, we are looking for a continuation to the ATR target at 92.62 with a further target of the support at 92.50.

We have convergence on the hourly. Target down is 142.52 if it reverses. Watch the 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.

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