AUDCHF trying to make the turn down

Bearish: We are currently @ 0.6686 in a range. We have the start of divergence and a slope support breakout. Below 0.6680, we are looking for a continuation to the ATR target @ 0.6615. Watch the USDX for any change in direction. The ATR for the pair currently is 64 pips per day and its 180 day average is 81 pips per day. USDX is currently threatening up at the time of this post.

Posted to Introduction to Forex Targe… on Aug 04, 2022 — 8:08 AM
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