GBPNZD Channel trade

Bearish: We are currently @ 1.9205 in a channel. IF we can break this support, we are looking for an immediate move to the ATR target @ 1.9150. A further target would be @ 1.9100. Watch the USDX for any change in direction. The ATR for the pair currently is 143 pips per day.

Posted to Introduction to Forex Targe… on Apr 28, 2021 — 8:04 AM

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