Send me real-time posts from this site at my email

GBPAUD Rising wedge breakout

Bearish: USDX is currently going up at the time of this post but at a top with divergence so anticipating a break down. We are currently @ 1.8890. We have convergence in play on the hourly compressions. We are looking for an initial move to the ATR target @ 1.8777 area. Watch the USDX for any change in direction. The ATR for the pair currently is 112 pips per day and its 180 day average is 116 pips per day.

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue