GBPNZD Breakout up

Pro Act

GBPNZD Breakout up

By Pro Act Traders — Author

Note: Tons of Fundies this week

Bullish: We are currently @ 1.9255 in a range after a breakout. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 1.9289 with a further target the 0.382 Fibo @ 1.9318 area. We have convergence on the hourly. The target down is 1.9100 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 160 pips per day and its 180 day average is 186 pips per day. USDX is currently up.

Posted to Introduction to Forex Targe… on Dec 12, 2022 — 8:12 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

AUD/JPY – Wedge breakout points to a double Bottom — 12/18/24
USD/JPY – One more push up — 12/16/24
EUR/JPY – Bears taking over — 12/12/24
EUR/AUD – Rising wedge at the Top — 12/11/24
USD/JPY – On the Move — 12/10/24

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 — 4 years ago

See All Reviews →

Pro Act