AUDUSD Channel trade

Bullish: We are currently @ 0.7780 in a channel. IF USDX turns down then we are looking for an immediate move to the ATR target @ 0.7864. A further target would be the R5 @ 0.7913. Watch the USDX for any change in direction. The ATR for the pair currently is 70 pips per day.


Posted to Introduction to Forex Targe… on Apr 27, 2021 — 8:04 AM

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