Scott Barkley
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Scott Barkley in Proact Traders,

$AUDCHF- breakout?

Currently we are 0.7470 in a range and in a breakout of the channel. We are looking for a continuation to the 0.382 Fibo @ 0.7378 and then the 0.500 Fibo @ 0.7322 with a bounce anticipated there.  The average daily true range (ATR) for the pair currently is 102 pips.