EURUSD channel trade

Bearish: We are currently @ 1.2026 in a channel which is bearish. We are looking for a move to the ATR Target @ 1.1985 area. A continuation would target the 0.786 Fibo at 1.1874. 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 Feb 08, 2021 — 8:02 AM
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