GBPAUD: Range breakout

Bearish:Currently we are at 1.6672 in a channel trying to break a range.We are looking for a move to the ATR Target @ 1.9358 and then a continuation to the S6 support @ 1.9222 area.The average daily true range (ATR) for the pair currently is 115 pips.WATCH THE USDX for more clues.


Posted to Introduction to Forex Targe… on Mar 03, 2020 — 8:03 AM

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