USD/JPY: Pullback Opportunity?

 | Jul 18, 2019 08:49AM ET

Bearish USD/JPY: Currently we are @ 107.88. We are in a pullback and after completion we are looking for a continuation to the ATR Target (NYSE:TGT) @ 107.44. The overall target is 106.78. The average daily true range (ATR) for the pair currently is 53pips but its 180-day ATR is 60 pips a day.