AUDUSD Rising wedge reversal

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AUDUSD Rising wedge reversal

By Pro Act Traders — Author

Bearish: We are currently @ 0.7519 in a rising wedge at the top of a day chart trend. We are looking for an initial move to the ATR target @ 0.7435 area and then the 0.382 Fibo @ 0.7391. Watch the USDX for any change in direction. The ATR for the pair currently is 79 pips per day and its 180 day average is 70 pips per day. USDX is currently trying to go up at the time of this post.

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#AUDUSD

Posted to Introduction to Forex Targe… on Mar 28, 2022 — 8:03 AM

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

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