NZD/JPY – Showing bearish signs

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NZD/JPY – Showing bearish signs

By Pro Act Traders — Author

Forex Strategy is Bearish: We are currently @ 91.57 at a significant top. If USDX continues up, we are looking for a continuation to the ATR target @ 90.88 area and then to the 0.618 Fibo @ 90.79. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 94 pips and it’s 90-day average is 113 pips per day.

Posted to Introduction to Forex Targe… on Nov 20, 2024 — 8:11 AM

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

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