GBPCHF: channel continuation

Bearish: Currently we are at 1.2283 after finishing a corrective move to the square up. We are looking for a move to the ATR Target @ 1.2213 and then a continuation to the supports @ 1.2183 area. The average daily true range (ATR) for the pair currently is 109 pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Mar 05, 2020 — 8:03 AM

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