AUDNZD Trying to breakdown

Bearish: We are currently @ 1.1045 in a range. IF we can break the slope support, we are looking for a continuation to the ATR target 1.0974 with a further target @ 1.0952. Watch for the bounce there. Watch the USDX for any change in direction. The ATR for the pair currently is 75 pips per day and its 180 day average is 67 pips per day. USDX is currently Down at the time of this post.

The 4 Things you must know in the Forex:

Posted to Introduction to Forex Targe… on May 17, 2022 — 8:05 AM

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