USDCHF trying to reverse
Bearish: USDX is currently going sideways with a bearish bias at the time of this post. We are currently @ 0.9321. We have divergence in play on the hourly compressions. We are looking for an initial move to the ATR target @ 0.9247 area with a further target the 0.500 Fibo @ 0.9226. Watch the USDX for any change in direction. The ATR for the pair currently is 61 pips per day and its 180 day average is 61 pips per day.
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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member
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