USDCHF trying to continue the channel

Bearish: We are currently @ 0.9323 in a channel. We are looking for an initial move to the ATR target @ 0.9273 area and then the 0.382 Fibo @ 0.9254. Watch the USDX for any change in direction. The ATR for the pair currently is 66 pips per day and its 180 day average is 63 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 Mar 22, 2022 — 8:03 AM
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