AUD/USD is currently at 0.7023 in a range. We bounced and are looking for a continuation to the 0.7150 and then the ATR target at 0.7178. Watch the USDX for any change in direction.
The ATR for the pair currently is 108 pips per day and its 180 day average is 94 pips per day. DXY is currently down at the time of this post.
