GBP/NZD – Can we break this top

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GBP/NZD – Can we break this top

By Pro Act Traders — Author

Bullish: Forex Strategies: Currently we are at 2.1329 in a channel. If we break this resistance, we are looking for a continuation to the ATR target @ 2.1402 area with a further target the 1.000 Fibo @ 2.1423. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 123 pips per day and it’s 90 day average is 124 pips per day. My Forex Analysis says USDX is currently up.

Posted to Introduction to Forex Targe… on Sep 11, 2024 — 8:09 AM

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

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