$EURNZD – Channel Trade?

Currently we are @ 1.5041 in a nice Channel. Today we have the GDT Price index which could provide a nice catalyst for Kiwi pairs. We are looking for a continuation move to the 0.214 Fibo @ 1.4997 with an overall target @ 1.4742. The average daily true range (ATR) for the pair currently is 144 pips.


Posted to Introduction to Forex Targe… on Dec 20, 2016 — 8:12 AM
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