AUDUSD Trying break support for a nice run

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AUDUSD Trying break support for a nice run

By Pro Act Traders — Author

Bearish: We are currently @ 0.7077 in a range. IF we can break support @0.7064 we are looking for a continuation to the ATR target 0.7000 area and then the 0.500 Fibo @ 0. 6979. Above 0.7100 look for 0.7200. Watch the USDX for any change in direction. The ATR for the pair currently is 94 pips per day and its 180 day average is 84 pips per day. USDX is currently up at the time of this post.

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Posted to Introduction to Forex Targe… on May 26, 2022 — 8:05 AM

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

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