EURGBP: Channel Continuation

Bearish: Currently we are at 0.9158. IF we can break this support, we are looking for a move to the ATR Target @ 0.8981 area. Watch for a bounce there – it is the range bottom. The average daily true range (ATR) for the pair currently is 196 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Mar 26, 2020 — 8:03 AM

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