AUDUSD channel opportunity

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AUDUSD channel opportunity

By Pro Act Traders — Author

Bullish: We are currently @ 0.7795 in a newly formed channel. We have convergence in play for the up move and USDX is trying to fall. We are are looking for a move to the ATR Target @ 0.7850 area. Watch the USDX for any change in direction. The ATR for the pair currently is 75 pips per day.

Posted to Introduction to Forex Targe… on Mar 02, 2021 — 8:03 AM

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

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