AUDCHF Cup and Handle

Bullish: We are currently @ 0.6633 after finishing a handle which is bullish. We have convergence to the upside. We are looking for a continuation to the ATR target @ 0.6691 area and then the R4 @ 0.6747 area. Watch the USDX for any change in direction. The ATR for the pair currently is 77 pips per day and its 180 day average is 78 pips per day. USDX is currently trying to go down at the time of this post.

Posted to Introduction to Forex Targe… on Jul 12, 2022 — 8:07 AM
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