USDCHF bullish channel

Bullish:Currently we are @ 1.0010 in a range and a channel. IF we can break the resistance here, we are looking for the continuation to the 0.214 Fibo @ 1.0061.The overall target is the range top @ 1.0130 area.The average daily true range (ATR) for the pair currently is only 46 pips but its 90 day ATR is 59 so it can reach up there.


Posted to Introduction to Forex Targe… on Mar 05, 2019 — 8:03 AM

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