AUDUSD trying to reverse

Bullish: We are currently @ 0.6738 in the bottom of a range. IF we can break the resistance @ 0.6768, we are looking for a move to the ATR Target @ 0.6850 area. We have divergence in play. Watch the USDX for any change in direction. The ATR for the pair currently is 80 pips per day and its 180 day average is 82 pips per day. USDX is currently down.

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Posted to Introduction to Forex Targe… on Sep 08, 2022 — 8:09 AM
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