EURAUD continuation

Bearish: We are currently @ 1.5527 in a channel. We are looking for a move to the ATR Target @ 1.5440 area. A continuation would target the 1.618 Fibo @ 1.5412. Watch the USDX for any change in direction. The ATR for the pair currently is 95 pips per day.

Posted to Introduction to Forex Targe… on Feb 18, 2021 — 8:02 AM
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