AUDUSD, Day chart bounce in a range

Bullish: We are currently @ 0.7023 in a range. We bounced and are looking for a continuation to the 0.7150 and then the ATR target @ 0.7178. Watch the USDX for any change in direction. The ATR for the pair currently is 108 pips per day and its 180 day average is 94 pips per day. USDX is currently down at the time of this post.

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Posted to Introduction to Forex Targe… on May 09, 2022 — 8:05 AM

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