GBPAUD– Should Go To the Top

Note: BOJ has USDX down

Bullish: We are currently @ 1.7641 in a range.  We are looking to continue to the ATR target/Range Top @ 1.7720 area with a further target @ 1.7765. Watch the USDX for direction. The average daily true range (ATR) for the pair is 142 pips and it’s 180 day average is 158 pips per day. USDX is currently threatening down.