USD/JPY Could Break Lower

USD/JPY Could Break Lower

USD/JPY is currently at 128.12. We are looking for a move to the ATR target at the 126.74 area with a further target just above the 126.00.

Watch the DXY for any change in direction. The ATR for the pair currently is 112 pips per day and its 180-day average is 97 pips per day. DXY is currently down at the time of this post.



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