Scott Barkley
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Scott Barkley in Proact Traders,

$NZDJPY- Bounce?

Currently we are at 87.58 after a trend wall bounce. We are looking for a diagonal break and then a continuation to the 5th wave R3 area @ 87.98 with an overall target @ 88.34.  The average daily true range (ATR) for the pair currently is 43 pips.

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