What I See in FX Market

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    $EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.0827 and ranging. I have posted the inset of the USDX which is potentially close to topping out so we are setting up for an interesting opportunity. If the USDX reacts to the downside at the top, we should see Euro strength up to 1.1202 and maybe higher. Short term of course you can see a potential move down to the 1.0500. The average daily true range (ATR) for the pair currently is 82 pips. ————————————————————————--

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