AUDUSD Breakout

Bullish: We are currently @ 0.7741 after a bounce on a significant support and a break of slope resistance. We are looking for a move to the ATR Target @ 0.7804 area. Look for a possible continuation to the 0.618 Fibo @ 0.7860. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day.


Posted to Introduction to Forex Targe… on Mar 22, 2021 — 8:03 AM
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