USDCHF: Breakout

Bearish: Currently we are at 0.9422. We are looking for a move to the 0.500 Fibo/ATR Target @0.9378 and then later a continuation to the 0.786 Fibo support @ 0.9267 area. The average daily true range (ATR) for the pair currently is 110 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Mar 16, 2020 — 8:03 AM

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