GBP/AUD – channel continuation

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GBP/AUD – channel continuation

By Pro Act Traders — Author

Bearish: We are currently @ 1.9341 in a channel in a range. We are looking for a continuation to the ATR target @ 1.9280 with the further target the 0.786 Fibo @ 1.9242 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 106 pips per day and it’s 90 day average is 131 pips per day. USDX is up. Open House is also this week.

Posted to Introduction to Forex Targe… on Feb 12, 2024 — 8:02 AM

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

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