EURAUD-Breakout opportunity

Pro Act

EURAUD-Breakout opportunity

By Pro Act Traders — Author

Note: ADP was positive USDX positive

Bullish: We are currently @ 1.5554 after testing the resistance to the upside. IF we can break resistance here, we are looking to continue to the ATR target @ 1.5659 with a further target the 1.000 Fib Extension @ 1.5688. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips and it’s 180 day average is 154 pips per day. USDX is currently up.

Posted to Introduction to Forex Targe… on Jan 05, 2023 — 8:01 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