EURGBP: Channel Continuation

Bearish: Currently we are at 0.9239. IF we can break this support, we are looking for a move to the ATR Target/0.618 Fibo @ 0.9145 area and maybe a continuation to the 0.786 Fibo @ 0.9077. The average daily true range (ATR) for the pair currently is 179 pips. WATCH THE USDX for more clues


Posted to Introduction to Forex Tar... on Mar 24, 2020 — 8:03 AM

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