GBPAUD continuing the channel

Bullish: USDX is currently bearish at the time of this post. We are currently @ 1.8913 in a channel in a range. We are looking for an initial move to the S5/ATR target @ 1.8800 area. Watch the USDX for any change in direction. The ATR for the pair currently is 144 pips per day and its 180 day average is 135 pips per day.

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Posted to Introduction to Forex Targe… on Feb 09, 2022 — 8:02 AM
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