EURPY, working a channel up

Bullish: We are currently @ 137.31 in a range. This looks like a big a-b-c after the 5 fractals down. We are looking for a continuation to the ATR target @ 138.36 and then decision time. Watch the USDX for any change in direction. The ATR for the pair currently is 154 pips per day and its 180 day average is 131 pips per day. USDX is currently down at the time of this post.

The 4 Things you must know in the Forex: http://proacttraders.com/ebook

Posted to Introduction to Forex Targe… on May 03, 2022 — 8:05 AM

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