GBP/CHF – Flag is breaking

Bearish: Forex Strategies: Currently we are at 1.1443 just out of the flag. We are looking for a continuation to the Flag target @ 1.1361. Watch the USDX for direction as it could negate all of this. The average daily true range (ATR) for the pair is 59 pips per day and it’s 90 day average is 67 pips per day. My Forex Analysis says USDX is currently trying to go up.

Posted to Introduction to Forex Targe… on Jul 24, 2024 — 8:07 AM

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