GBPCHF-One more push

Bullish to Bearish: Currently we are at 1.2071 in flag pattern. IF we can break resistance, we are looking for a move to the R7/ATR target @ 1.2234 and then watch for a sell off. We have divergence. The average daily true range (ATR) for the pair currently is 187 pips. WATCH THE USDX for more clues


Posted to Introduction to Forex Targe… on Apr 13, 2020 — 8:04 AM

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Great weekly analysis, very useful and educational.
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