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AUD/NZD is currently at the 1.1045, trading in a range. IF the pair can break the slope support, we're looking for a continuation to the ATR target of 1.0974, and then to 1.0952.
Watch for the bounce there and keep an eye on the USDX for any change in direction; USDX was down at the time of this post.
The ATR for the pair currently is 75 pips per day and its 180 day average is 67 pips per day.
The EUR/USD is sharply lower on Friday and is currently trading just above the 1.04 line, down 0.76%. Eurozone inflation outperforms Eurozone CPI for June was higher than...
OANDA Senior Market Analyst Craig Erlam talks about USD/JPY as the rally once again loses momentum.
EUR/USD bulls got a strong reversal bar following the June 13 bear close test and the June 15 low. Yesterday was also the third reversal up from the 2017 low since May, which...
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