AUD/USD – the channel holds

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AUD/USD – the channel holds

By Pro Act Traders — Author

Bullish: We are currently @ 0.6699 in a channel in a range. If we can break here, we are looking for a continuation to the ATR target @ 0.6650 with the further target the 1.618 Fibo @ 0.6620 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 63 pips per day and it’s 90 day average is 63 pips per day. USDX is noncommittal.

Posted to Introduction to Forex Targe… on Jan 10, 2024 — 8:01 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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