Currently we are @ 1.2521 and in a sideways move. If we can break the 1.2500 we are looking for a move to the 0.500 Fibo @ 1.2404 and then a continuation to the strong support @ 1.2285 later this week. The average daily true range (ATR) for the pair currently is 106 pips.

Posted to Introduction to Forex Tar... on Jan 05, 2017 — 8:01 AM
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  • {[comment.author.username]} — Marketfy Staff — Maven — Member
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