GBPNZD channel continuation

Bullish: USDX is currently stalled but up at the time of this post. We are currently @ 1.9231. IF we can break resistance, we are looking for an initial move to the Day chart top @ 1.9333 and then to the ATR Target @ 1.9368 area. Watch the USDX for any change in direction. The ATR for the pair currently is 152 pips per day and its 180 day average is 141 pips.

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Posted to Introduction to Forex Targe… on Nov 17, 2021 — 8:11 AM
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