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NZDJPY channel Breakout

Bullish:  USDX is currently going down at the time of this post.  We are currently @ 76.52 in a channel.  IF we break the Channel, we are looking for an initial move to the ATR target @ 77.20.  Watch the USDX for any change in direction. The ATR for the pair currently is 94 pips per day and its 180 day average is 89 pips.

 

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