AUDUSD- Should continue the channel
Nov 21, 2022
Note: Endeavor Class tonight is an encore : How to Cherry Pick your Trades” previously recorded. ProAct is closed the rest of the week for the USA Holiday
Bearish: We are currently @ 0.6626 in a channel in a range. We are looking for a continuation to the ATR Target @ 0.6558 with a further target the support @ 0.6550. We have convergence on the hourly. The target up 0.6731 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 117 pips per day and its 180 day average is 108 pips per day. USDX is currently up.