NZD/JPY – Future move

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NZD/JPY – Future move

By Pro Act Traders — Author

Bullish to Bearish: Forex Strategies: Currently we are at 89.45 in a channel in a range. We already did our ATR for today but a juicy spot is right above us. We are looking for a continuation to the 2.618 Fibo @ 90.66 area with a further target the 0.500 Fibo @ 91.04. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 107 pips per day and it’s 90 day average is 100 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Sep 19, 2024 — 8:09 AM

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

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