EUR/NZD-Channel opportunity

Pro Act

EUR/NZD-Channel opportunity

By Pro Act Traders — Author

Bearish: Currently we are at 1.7694 in a channel. We are looking to continue to the ATR target @ 1.7631 area with an outside target at the 1.000 Fibo @ 1.7593 area. We have convergence in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair is 85 pips per day and it’s 90 day average is 99 pips per day. USDX is currently threatening down.

Posted to Introduction to Forex Targe… on May 29, 2024 — 8:05 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/CHF – Flag is breaking — 7/24/24
GBP/AUD – rising wedge says down — 7/23/24
GBP/NZD – New channel in play — 7/18/24
EUR/JPY – Poised to fall — 7/16/24
AUD/JPY – looks to continue — 7/15/24

You can also use Ctrl+Enter to post

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

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act