Remember, forex trading involves risks, and it's important to have a solid trading plan, risk management strategy, and a good understanding of various economic indicators like CPI. Happy trading!
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It calculates the average range between the high and low prices of each candlestick or trading period, giving traders an idea of how much the price tends to move within a given timeframe.
ATR stands for Average True Range, and it's a technical indicator used in forex trading to measure the volatility of a currency pair's price movement over a certain period.