AUD/USD-starting the up move

Bullish: Currently we are at 0.6442 in a well built Range. We are looking to continue to the ATR target @ 0.6489 with a further target the R3 @ 0.6502. Watch the USDX for direction. The average daily true range (ATR) for the pair is 60 pips per day and it’s 90 day average is 55 pips per day. USDX appears to be topping out.

Posted to Introduction to Forex Targe… on Apr 22, 2024 — 8:04 AM

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