GBPCHF trying to pullback for the day chart bottom

Bearish: USDX is currently bullish at the time of this post. We are currently @ 1.2266. We are looking for an initial move to the ATR target @ 1.2318 area and then a turn for the downside run to the day chart @ 1.2138. Watch the USDX for any change in direction. The ATR for the pair currently is 87 pips per day and its 180 day average is 88 pips per day.

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Posted to Introduction to Forex Targe… on Mar 02, 2022 — 8:03 AM
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