AUDUSD Falling Wedge opportunity

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AUDUSD Falling Wedge opportunity

By Pro Act Traders — Author

Bullish: We are currently @ 0.7366. We have the first sign of a breakout up out of the Falling wedge. We are looking for a move to the ATR target @ 0.7481 area. Watch the USDX for any change in direction. The ATR for the pair currently is 68 pips per day and its 180 day average is 68 pips per day. USDX is currently Trying to go DOWN at the time of this post.

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Posted to Introduction to Forex Targe… on Apr 19, 2022 — 8:04 AM

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

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