EURGBP breaks out in a reversal

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EURGBP breaks out in a reversal

By Pro Act Traders — Author

Bearish: We are currently @ 0.8457 after topping out and then breaking out. We are looking for an initial move to the ATR target @ 0.8406 area and then the 0.500 Fibo @ 0.8381. Watch the USDX for any change in direction. The ATR for the pair currently is 64 pips per day and its 180 day average is 55 pips per day. USDX is currently down but threatening a bounce at the time of this post.

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Posted to Introduction to Forex Targe… on Mar 30, 2022 — 8:03 AM

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

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