EURNZD continuation

Bearish:Currently we are @ 1.7053 after taking out the top in a range. IF we can break out of the 0.214 Fibo, we are looking for a continuation initially to the 0.382 Fibo @ 1.6979 and then to the 0.500 Fibo @ 1.6924. The average daily true range (ATR) for the pair currently is 104 pips but its 180-day ATR is 114 pips a day.


Posted to Introduction to Forex Tar... on May 14, 2019 — 8:05 AM

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