Scott Barkley
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Scott Barkley in Proact Traders,

$EURNZD– channel?

Currently we are 1.6668 in a large range and channel. We are looking to break down to the 0.382 Fibo @ 1.6554 either now at the 0.618 Fibo or after a move to the top of the channel around 1.6727. The average daily true range (ATR) for the pair currently is 197 pips.