GBP/NZD –Support Break Looks Good

Pro Act

GBP/NZD –Support Break Looks Good

By Pro Act Traders — Author

Note: ADP was negative!

Bearish: We are currently @ 2.1217 after a nice pullback. IF we can break support here , we are looking for a continuation to the ATR Target @ 2.1133 with the further target the 2.1100. Watch the USDX for direction. The average daily true range (ATR) for the pair is 144 pips per day and it’s 90 day average is 166 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Aug 30, 2023 — 8:08 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24
AUD/USD-starting the up move — 4/22/24
GBP/AUD-Sweet opportunity down — 4/18/24

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 — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act