NZD/JPY – breakout in the range

Pro Act

NZD/JPY – breakout in the range

By Pro Act Traders — Author

Bearish: Forex Strategies: Currently we are at 89.42 after the breakout. We have convergence now for the down move and are looking for a continuation to the ATR target @ 80.67. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 133 pips per day and it’s 90 day average is 99 pips per day. My Forex Analysis says USDX is currently up but looks corrective.

Posted to Introduction to Forex Targe… on Aug 26, 2024 — 8:08 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

USD/JPY – working a channel in a channel — 9/16/24
GBP/AUD – 5th wave in progress — 9/12/24
GBP/NZD – Can we break this top — 9/11/24
GBP/NZD – Continuing the channel — 9/10/24
CHF/JPY – continuation looks promising — 9/05/24

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