GBPAUD Correction Opportunity

Bullish: USDX is currently going up at the time of this post. We are currently @ 1.8496 in a channel. We have the start of convergence to the upside. We are looking for an initial move to the ATR target @ 1.8554. Watch the USDX for any change in direction. The ATR for the pair currently is 147 pips per day and its 180 day average is 141 pips.

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Posted to Introduction to Forex Targe… on Dec 09, 2021 — 8:12 AM
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