GBPCHF: CHANNEL CONTINUATION

Bearish: Currently we are at 1.1421. IF we can break this support, we are looking for a move to the ATR Target @ 1.1292 area and maybe a continuation to the 0.214 Fibo @ 1.1246. The average daily true range (ATR) for the pair currently is 210 pips. WATCH THE USDX for more clues


Posted to Introduction to Forex Tar... on Mar 23, 2020 — 8:03 AM

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