$AUDUSD-Decision time?

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$AUDUSD-Decision time?

By Pro Act Traders — Author

Currently we are at 0.8796 after a correction. A couple of different scenarios. 1: bullish: a break of the upper trend line (above 0.8850 area) and we will look to the 0.8900 area. 2: Bearish : A break down here would set up a move back to the S5 @ 0.8712. The average daily true range (ATR) for the pair currently is 90 pips.

Posted to Introduction to Forex Targe… on Jan 28, 2014 — 9:01 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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