AUD/JPY – makes the turn

Apr 04, 2023
Note: JOLTS this AM
Bearish:  We are currently @ 89.55 after making the top.   IF we can break support here, we are looking for a continuation to the ATR Target/0.382 Fibo @ 88.50 with a further target at the  2.618 Fibo @ 88.09.  We have convergence in play for the move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 137 pips and it’s 180 day average is 117 pips per day. USDX is currently moving up .