AUDUSD continuation trade

Pro Act

AUDUSD continuation trade

By Pro Act Traders — Author

Bullish for now: USDX is possibly correcting FOMC last week at the time of this post. Two scenarios: Bullish: a move to the ATR target @ 0.7555 area) or to the 0.382 Fibo @ 0.7569 and then resumption of the downside 2: Bearish: A Flag is in place for the resumption to the downside to the 0.7450 area. Watch the USDX for any change in direction. The ATR for the pair currently is 67 pips per day.

Posted to Introduction to Forex Targe… on Jun 21, 2021 — 8:06 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

AUD/JPY – Wedge breakout points to a double Bottom — 12/18/24
USD/JPY – One more push up — 12/16/24
EUR/JPY – Bears taking over — 12/12/24
EUR/AUD – Rising wedge at the Top — 12/11/24
USD/JPY – On the Move — 12/10/24

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 4 years ago

See All Reviews →

Pro Act