Home ForexForecasts USD/JPY – Are there more upsides to come?

USD/JPY – Are there more upsides to come?

by SuperiorInvest

Bullish: We are currently at 148.55 in a flag continuation pattern. If we can break the high of 148.83, we will look for a continuation to the ATR target @ 149.79-158.00 with the additional target in the R7 area @ 150.11. Look at USDX for direction. The average daily true range (ATR) for the pair is 129 pips per day and its 90-day average is 126 pips per day. USDX is up.

USDJPY – Are there more upsides?

USDJPY – Are there more upsides?

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