GBP/NZD-Channel opportunity

Note: Jolts today

Bearish: Currently we are at 2.0679 in a channel. We are looking to continue to the 1.270 Fibo @ 2.0615-00 area with an outside target at the 1.618 Fibo @ 2.0552 area. We have convergence in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair is 102 pips per day and it’s 90 day average is 117 pips per day. USDX is currently threatening down.

Posted to Introduction to Forex Targe… on Jun 04, 2024 — 8:06 AM
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 →