EURUSD continuation

Bearish: Currently we are @ 1.1232. We have convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 1.1159 area and then a continuation to the 0.500 Fibo @ 1.1147. We expect a bounce there. The average true range (ATR) for the pair currently is 198 pips per day.


Posted to Introduction to Forex Targe… on Jun 17, 2020 — 8:06 AM
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Great weekly analysis, very useful and educational.
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