GBPCHF – Range opportunity

Jan 11, 2023

Bullish: We are currently @ 1.1243 in the start of a run to the range top. We are looking for a move here to continue to the ATR target @ 1.1300-1314 area with a further target @ 1.1376. Watch the USDX for direction. The average daily true range (ATR) for the pair is 88 pips and it’s 180 day average is 107 pips per day. USDX is currently sideways.