Scott Barkley
0
All posts from Scott Barkley
Scott Barkley in Proact Traders,

Target Trading in the Forex week of July 31st , 2016 EU,UJ,GU,AU

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.1179 in a narrow range.  A couple of different scenarios:  1:  Bullish: a break above 1.1250 look to move to the range top @ 1.1470 area and maybe the 1.1638 and 2: Bearish: a failure to break the 1.1250 area look for a break down to the double bottom support @ 1.0837. The average daily true range (ATR) for the pair currently is 71 pips.

————————————————————————--

Image: 

read more