AUDNZD heading to the range bottom

Bearish: We are currently @ 1.1030 in a channel and a range. We are looking for a continuation to the ATR target @ 1.0972 area with a bigger target the range bottom @ 1.0950 area. Watch the USDX for any change in direction. The ATR for the pair currently is 65 pips per day and its 180 day average is 64 pips per day. USDX is currently threatening up at the time of this post.

Posted to Introduction to Forex Targe… on Aug 15, 2022 — 8:08 AM

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