USDCHF wedge breakout

Bullish: We are currently @ 0.8967 after a breakout of the Falling wedge at the range bottom. We are looking for an initial move to the ATR Target @ 0.9012 area. A further target is the 0.214 Fibo @ 0.9027. Watch the USDX for any change in direction. The ATR for the pair currently is 58 pips per day.

Posted to Introduction to Forex Targe… on May 26, 2021 — 8:05 AM
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