AUDUSD Channel continuation

Bullish: We are currently @ 0.7537 in a well-built channel and are looking for an initial move to the ATR Target @ 0.7588-0.7600 area. The further target is the 1.618 Fibo @ 0.7736. Watch the USDX for any change in direction. The ATR for the pair currently is 57 pips per day.


Posted to Introduction to Forex Targe… on Dec 15, 2020 — 8:12 AM

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