GBPCHF continuing the channel

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GBPCHF continuing the channel

By Pro Act Traders — Author

Bearish: We are currently @ 1.2163 in a channel after making the turn. We are looking for an initial move to the Day chart support @ 1.2119 area and then the ATR Target @ 1.2064. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day and its 180 day average is 79 pips per day. USDX is currently threatening down at the time of this post.

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Posted to Introduction to Forex Targe… on Apr 11, 2022 — 8:04 AM

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

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