GBPNZD-Should continue the channel

Bearish: We are currently @ 1.9904 at a significant top in a channel. We are looking for a move to the ATR target @ 1.9533 with a further target the 2.618 Fibo @ 1.9274. We have divergence on the hourly. Target up is 2.0072 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 291 pips per day and its 180 day average is 245 pips per day. USDX is currently down.

Posted to Introduction to Forex Targe… on Oct 25, 2022 — 8:10 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

I feel I picked the right trading company.
See All Reviews →