EUR/NZD – continuation likely

Pro Act

EUR/NZD – continuation likely

By Pro Act Traders — Author

Note: Core PPI was neutral-M/M was negative

Bearish: We are currently @ 1.7484 in a channel. IF we can break the slope support here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.7426 with the overall target the 1.270 Fibo @ 1.7387. Watch the USDX for direction. The average daily true range (ATR) for the pair is 127 pips per day and it’s 180 day average is 163 pips per day. USDX is currently moving down.

Posted to Introduction to Forex Targe… on Jun 14, 2023 — 8:06 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

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 — 3 years ago

See All Reviews →

Pro Act