Scott Barkley
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Scott Barkley in Proact Traders,

$EURNZD- Descending wedge

Currently we are 1.5363 in a range and in a channel.  IF we can break the descending wedge we are looking for a continuation move to the 0.214 Fibo @1.5270.  The average daily true range (ATR) for the pair currently is 139 pips.