AUDUSD continuation

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AUDUSD continuation

By Pro Act Traders — Author

Bearish: Currently we are at 0.6413 in a channel in a range after a Trend breakout. We are looking for a move down to the ATR target @ 0.6128 and then the 0.382 Fibo @ 0.6238. Look for the bounce there. The Average Daily True Range (ATR) for the pair currently is 86 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on May 04, 2020 — 8:05 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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