USDCHF channel

Bearish: USDX is currently going down at the time of this post. We are currently @ 0.9202 in a channel. IF we break the slope support, we are looking for an initial move to the ATR target @ 0.9130. Watch the USDX for any change in direction. The ATR for the pair currently is 64 pips per day and its 180 day average is 63 pips.

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Posted to Introduction to Forex Targe… on Dec 01, 2021 — 8:12 AM

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