EURAUD Continuation

Bearish: USDX looks like it made the turn and is bearish at the time of this post. We are currently @ 1.5903 in a channel in a range. We are looking for an initial move to the ATR Target @ 1.5797 area. Watch the USDX for any change in direction. The ATR for the pair currently is 121 pips per day and its 180 day average is 113 pips.

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Posted to Introduction to Forex Targe… on Oct 06, 2021 — 8:10 AM
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