AUDCHF channel break

Bullish: We are currently @ 0.6674 out of a channel in a range. We have convergence to the upside. IF we can break this resistance (former day chart bottom), we are looking for a continuation to the ATR target @ 0.6708 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 75 pips per day. USDX is currently trying to bounce at the time of this post.


Posted to Introduction to Forex Targe… on Jul 18, 2022 — 8:07 AM
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