GBPAUD Trying to finish a 5th wave

Bullish: We are currently @ 1.7773 in a Trend. IF we can break the R6 here, we are looking for a continuation to the ATR target 1.7875 with a further target @ 1.7900. Watch for the reversal there. Watch the USDX for any change in direction. The ATR for the pair currently is 203 pips per day and its 180 day average is 178 pips per day. USDX is currently UP at the time of this post.

The 4 Things you must know in the Forex:

Posted to Introduction to Forex Targe… on May 12, 2022 — 8:05 AM
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