USDCHF has one more thrust

Bullish: We are currently @ 0.9590 in a channel. We have divergence so most likely one more upside move. We are looking for a continuation to the ATR target @ 0.9657. If divergence is still in play look for the reversal. Watch the USDX for any change in direction. The ATR for the pair currently is 82 pips per day and its 180 day average is 79 pips per day. USDX is currently threatening up at the time of this post.

Posted to Introduction to Forex Targe… on Aug 03, 2022 — 8:08 AM

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