EURUSD Breakout
Bearish: USDX is bullish and uncommitted at the time of this post. We have a bear flag pattern( bearish) in play so should now see the resumption of the channel to the downside. We are looking for a continuation to the ATR Target @ 1.1783 area. Watch the USDX for any change in direction. The ATR for the pair currently is 54 pips per day but it’s 180 day average is 61.
Recent free content from Pro Act Traders
-
GBP/AUD-Sweet opportunity down
— 4/18/24
-
USD/JPY-Rising wedge should take it down
— 4/17/24
-
NZD/JPY-Still pushing the down channel
— 4/16/24
-
EUR/AUD–starting a new channel
— 4/15/24
-
GBP/AUD–Continues the channel
— 4/11/24
Loading Comments
No comments. Break the ice and be the first!
Error loading comments
Click here to retry
No comments found matching this filter
-
{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!
- 1 Campus Martius, Suite #200Detroit, MI 48226
- +1 877 440 9464
