GBPNZD poised to continue the channel–

Bullish: We are currently @ 1.9421 in a channel. We have convergence for the upside move. We are looking for a continuation to the ATR target @ 1.9522 with a further target the day chart top @ 1.9684. Watch the USDX for any change in direction. The ATR for the pair currently is 161 pips per day and its 180 day average is 159 pips per day. USDX is currently threatening down at the time of this post.#GBPNZD

Posted to Introduction to Forex Targe… on Aug 02, 2022 — 8:08 AM

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