USDCHF- continuation likely

Bullish: We are currently @ 0.9519 in a channel in a range. We are looking for a continuation to the ATR Target @ 0.9609 with a further target the 0.618 Fibo @ 0.9650 area. We have convergence on the hourly. The target down is 0.9394 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 114 pips per day and its 180 day average is 97 pips per day. USDX is currently sideways.

Posted to Introduction to Forex Targe… on Nov 29, 2022 — 8:11 AM

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