NZDJPY–Channel bounce?

Bullish: Currently we are @ 77.58 in a range and a well-built channel and a ascending wedge. We are looking to break this wedge and then looking for a continuation to the 1.618 Fibo @ 78.21 and then to the 2.270 Fibo @ 78.76. The average daily true range (ATR) for the pair currently is 83 pips.

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