GBP/NZD –Set a new top

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GBP/NZD –Set a new top

By Pro Act Traders — Author

Bullish: currently we are at 2.1045 in a channel. We are looking to break slope resistance and continue to the ATR target @ 2.1100 with a further 1.618 Fibo target @ 2.1116 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 115 pips per day and it’s 90 day average is 135 pips per day. USDX is starting up.

Posted to Introduction to Forex Targe… on Mar 25, 2024 — 8:03 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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