AUDJPY poised to break up in  the channel

Bullish:  We are currently @ 94.11 in a channel. We are looking for a continuation to the ATR target @ 95.40 area with a top just above there @ 95.70 area. Watch the USDX for any change in direction. The ATR for the pair currently is 124 pips per day and its 180 day average is 126 pips per day. USDX is currently threatening down at the time of this post.  

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