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NZD/USD: Range Trade

Published 09/14/2021, 08:41 AM
Updated 10/05/2023, 10:02 PM

Bullish

USDX is headed down at the time of this post. Currently we are at 0.7123. We are looking for a continuation to the ATR (Average True Range) Target at 0.7172 area. We have a MACD break already. Watch the USDX for any change in direction. The ATR for NZD/USD currently is 53 pips per day and it’s 180 day average is 60 pips.

NZDUSD range trade

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