AUDUSD wedge opportunity

Bearish: We are currently @ 0.7794 in a wedge in a channel. We have convergence in play for the down move and USDX is trying to rise. If we can break the support here, we are are looking for a move to the ATR Target @ 0.7694 area which is also a significant support. Watch the USDX for any change in direction. The ATR for the pair currently is 83 pips per day.


Posted to Introduction to Forex Targe… on Mar 04, 2021 — 8:03 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →