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USD/JPY Bulls Aim for 152.70 as Channel Holds Strong

Published 12/10/2024, 08:45 AM
USD/JPY
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Forex Strategy is Bullish: We are currently @ 151.60 in a channel in a Range. We are looking for a continuation to the ATR target @ 152.70 area and then to the R5 @ 153.44.  We  have convergence for the up move. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 155 pips and it’s 90-day average is 169 pips per day.

USDJPY – On the Move

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