AUDUSD triangle breakout

Bullish: We are currently @ 0.7746 in a triangle in a range. We are looking for an initial move to the ATR Target @ 0.7814 area. A further target is the 0.382 Fibo @ 0.7826. Watch the USDX for any change in direction. The ATR for the pair currently is 68 pips per day.

Posted to Introduction to Forex Targe… on May 27, 2021 — 8:05 AM

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