USDCHF Channel breakout

Bullish: We are currently @ 0.9279 after a channel breakout. IF we can break resistance here, we are looking to continue to the ATR target @ 0.9349. Watch the USDX for direction. The average daily true range (ATR) for the pair is 84 pips. USDX is currently threatening up.

Posted to Introduction to Forex Targe… on Dec 22, 2022 — 8:12 AM

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