EUR/AUD – channel continuation

Bullish: We are currently @ 1.6502 in a channel. We are looking for a continuation to the ATR target @ 1.6567 with the further target the 0.618 Fibo @ 1.6578 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 109 pips per day and it’s 90 day average is 118 pips per day. USDX is down.

Posted to Introduction to Forex Targe… on Feb 07, 2024 — 8:02 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 →