NZD/JPY – breakout in the range

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NZD/JPY – breakout in the range

By Pro Act Traders — Author

Bearish: Forex Strategies: Currently we are at 89.42 after the breakout. We have convergence now for the down move and are looking for a continuation to the ATR target @ 80.67. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 133 pips per day and it’s 90 day average is 99 pips per day. My Forex Analysis says USDX is currently up but looks corrective.

Posted to Introduction to Forex Targe… on Aug 26, 2024 — 8:08 AM

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

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