EURGBP: back in the range?

Bullish: Currently we are at 0.8452 just outside the range. We have divergence on the 60 min chart forecasting a move back in the range. Above the 0.214 Fibo look for the 0.500 Fibo @ 0.8510. The average daily true range (ATR) for the pair currently is 54 Pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Jan 23, 2020 — 8:01 AM

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