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AUDUSD – channel break?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    $AUDUSD –channel break? Currently we are at 0.7201 and breaking out of the channel. We are looking to continue to the 0.618 Fibo support @ 0.7113 with an overall target to the support area @ 0.7013. The average daily true range (ATR) for the pair currently is 67 pips.

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