EUR/AUD – cup and handle starting

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EUR/AUD – cup and handle starting

By Pro Act Traders — Author

Note: Core PPI and PPI today

Bullish: Forex Strategies: Currently we are at 1.6645 in the start of a possible cup and handle. We are looking for a continuation up to the ATR target @ 1.6750 and then the 0.500 Fibo @ 1.6835. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 158 pips per day and it’s 90 day average is 98 pips per day. My Forex Analysis says USDX is currently Up.

Posted to Introduction to Forex Targe… on Aug 14, 2024 — 8:08 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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