GBPCHF Breakout

Bearish: USDX is bearish and uncommitted at the time of this post. We have an abc corrective pattern( bearish) in play so should now see the resumption of the channel to the downside. We are looking for a continuation to the ATR Target @ 1.2500 area. Watch the USDX for any change in direction. The ATR for the pair currently is 76 pips per day.


Posted to Introduction to Forex Targe… on Aug 04, 2021 — 8:08 AM

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