GBPNZD: Triangle break?

Bullish: Currently we are at 2.0077 in a Symmetrical triangle.IF we can break out we are looking for the continuation UP to the ATR target @ 2.0181 and then the range top this week @ 2.0330. Watch for the reversal there. The average daily true range (ATR) for the pair currently is 161 pips and its weekly ATR is 400 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Dec 09, 2019 — 8:12 AM
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  • {[]} — Marketfy Staff — Maven — Member
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