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Bullish: GBP/AUD currently at 1.7370 in a range and headed north after a hard bounce. We are looking for a continuation to the ATR target at 1.7476 area with a further target the 0.786 Fibo @ 1.7492. We have convergence in play for continuation. Watch the USDX for directions.
The average daily true range (ATR) for the pair is 165 pips and its 180-day average is 171 pips per day. USDX is currently threatening UP.
The EUR/USD pair gained ground at the start of a new week, climbing above 1.0700 as investors are betting on higher odds the Federal Reserve will raise rates at a slower pace on...
One of the most important Fed decisions in recent history lies ahead on Wednesday. Markets think the banking episode could prevent the Fed from raising rates and are pricing in...
The EUR/USD bulls want an upside breakout of the March 15th outside down bar and a test of the February high. The bulls are beginning to develop a fair amount of bull bars closing...
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