Scott Barkley
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Scott Barkley in Proact Traders,

$NZDUSD –wedge break?

Currently we are at 0.6482 after breaking the descending wedge which is bearish.  We are looking to continue to the support @ 0.6455 with an overall target to the S5 Fibo support area @ 0.6413. The average daily true range (ATR) for the pair currently is 68 pips.