AUD/USD: Range Trade

 | May 06, 2021 08:19AM ET

h2 Bullish: 

AUD/USD are currently at 0,7759 in a range. We are looking for an initial move to the ATR Target at 0.7819 area. Since this is the range top expect a reversal there. Watch the USDX for any change in direction. The ATR for the pair currently is 71 pips per day.