GBP/NZD –Set a new top

Bullish: currently we are at 2.1045 in a channel. We are looking to break slope resistance and continue to the ATR target @ 2.1100 with a further 1.618 Fibo target @ 2.1116 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 115 pips per day and it’s 90 day average is 135 pips per day. USDX is starting up.

Posted to Introduction to Forex Targe… on Mar 25, 2024 — 8:03 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

I feel I picked the right trading company.
See All Reviews →