AUDUSD back to the top

Bullish: USDX is currently moving down at the time of this post. We are currently @ 0.7413. We are looking for an initial move to the ATR Target @ 0.7461 and then to the 0.214 Fibo @ 0.7474 area. We have convergence on the 1 hour. 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 65 pips.

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Posted to Introduction to Forex Targe… on Nov 08, 2021 — 8:11 AM
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