AUDUSD channel Break out

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AUDUSD channel Break out

By Pro Act Traders — Author

Bullish: We are currently @ 0.7653 after a channel breakout and a flag pattern. Both are bullish. We are looking for a move to the ATR Target @ 0.7707 area. Look for a possible continuation to the 0.382 Fibo @ 0.97741. Watch the USDX for any change in direction. The ATR for the pair currently is 73 pips per day.

Posted to Introduction to Forex Targe… on Mar 29, 2021 — 8:03 AM

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

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