USDCHF could continue the channel

Bullish: USDX is currently bearish at the time of this post. We are currently @ 0.9202 in a channel. We are looking for an initial move to the ATR target @ 0.9125 area with a further target the S4 @ 0.9109. Watch the USDX for any change in direction. The ATR for the pair currently is 60 pips per day and its 180 day average is 63 pips per day.

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Posted to Introduction to Forex Targe… on Feb 03, 2022 — 8:02 AM

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