GBP/CHF – In A Breakout

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GBP/CHF – In A Breakout

By Pro Act Traders — Author

Forex Strategies Bearish: We are currently @ 1.1239 in a range. If the breakout holds we are looking for a continuation to the ATR target @ 1.1177 area and then to the 0.618 Fibo @ 1.1166. Convergence is in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 84 pips and it’s 90-day average is 88 pips.

Posted to Introduction to Forex Targe… on Nov 13, 2024 — 8:11 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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