Currently we are 1.4093 after breaking out of the rising wedge, but still in a large range. We are looking to continue to the 0.618 /Fibo at 1.4017 and stall or bounce there. The average daily true range (ATR) for the pair currently is 120 pips.
Currently we are 1.4093 after breaking out of the rising wedge, but still in a large range. We are looking to continue to the 0.618 /Fibo at 1.4017 and stall or bounce there. The average daily true range (ATR) for the pair currently is 120 pips.