EUR/NZD – Will it finish the wave

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EUR/NZD – Will it finish the wave

By Pro Act Traders — Author

Note: FOMC today

Bearish to Bullish: Forex Strategies: Currently we are at 1.8285 in a possible 3rd wave in a channel. We are looking for a continuation to the ATR target @ 1.8200. Will look for a 4th wave bounce there. Watch the USDX for direction as it could negate all of this. The average daily true range (ATR) for the pair is 113 pips per day and it’s 90 day average is 97 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Jul 31, 2024 — 8:07 AM

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

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