GBPCHF channel

Bullish: We are currently @ 1.1806 in a channel to the upside. We have convergence and we are looking for a continuation to the ATR target @ 1.1874 and then the 0.618 Fibo @ 1.1989-2000 area. Watch the USDX for direction. The ATR for the pair currently is 115 pips per day.

Posted to Introduction to Forex Targe… on Sep 24, 2020 — 8:09 AM

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Great weekly analysis, very useful and educational.
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