GBPNZD continuation

Bearish: USDX is still bullish but appears to be topping out the time of this post. We have an abc pattern in play which is bearish. We are looking for a break of the single line trend support and then a continuation to the ATR Target @ 1.9540 area. Watch the USDX for any change in direction. The ATR for the pair currently is 153 pips per day.

Posted to Introduction to Forex Targe… on Jul 20, 2021 — 8:07 AM
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