GBPNZD channel opportunity

Bearish: We are currently @ 1.9702 in a channel and possible 3rd wave. IF we can break support here, are looking for a move to the ATR Target @ 1.9542 area. Watch the USDX for any change in direction. The ATR for the pair currently is 151 pips per day.

Posted to Introduction to Forex Targe… on Apr 06, 2021 — 8:04 AM

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