Forex analytics and overview
USD/JPY – Triangle Continuation Likely
2024.07.30 09:37
Note: and today
Bullish: Forex Strategies: Currently, is at 154.97 out of the triangle. We are looking for a continuation to the ATR target at 155.71.
The triangle target is the 1.270 Fibo at 156.70. Watch the USDX for direction, as it could negate all of this.
The average daily true range (ATR) for the pair is 184 pips per day and its 90 day average is 120 pips per day.
My forex analysis says USDX is currently trying to go up.
