GBPNZD continuation trade

Bullish: USDX is up at the time of this post. We are currently @ 1.9899 just out of a range after FOMC. We are looking for a move that should target the @ 1.99764 ATR Target. Be prepared for a pullback or flag since the current move is unsustainable. There is another target @ 1.9976. Watch the USDX for any change in direction. The ATR for the pair currently is 128 pips per day.

Posted to Introduction to Forex Targe… on Jun 17, 2021 — 8:06 AM
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