USDCHF channel break | Marketfy

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USDCHF channel break

By Pro Act Traders — Author

Bearish: Currently we are @ 0.9362 and starting a push to the downside out of a channel with divergence.We are initially looking for a continuation to the 0.382 Fibo @ 1.0625 and a further target at the 0.500 Fibo @ 0.9300 area. Either one could be a bounce point. The average daily true range (ATR) for the pair currently is 82 pips.

Posted to Introduction to Forex Targe… on Feb 22, 2018 — 8:02 AM

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

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