EURAUD Long Opportunity

Bullish: USDX is currently going sideways with a bearish bias at the time of this post. We are currently @ 1.5899 after a day chart bounce. We have the convergence to the upside. We are looking for an initial move to the ATR target @ 1.5885. Watch the USDX for any change in direction. The ATR for the pair currently is 155 pips per day and its 180 day average is 132 pips.

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Posted to Introduction to Forex Targe… on Dec 14, 2021 — 8:12 AM

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