EURGBP channel trade

Bullish to Bearish: We are currently @ 0.8915 in a channel. We are looking for a move to the ATR Target @ 0.8954 area. We should get a reaction there. A break out or a channel continuation. Watch the USDX for any change in direction. The ATR for the pair currently is 62 pips per day.

Posted to Introduction to Forex Targe… on Jan 19, 2021 — 8:01 AM

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