EUR/NZD – trying to push through

Bullish: We are currently @ 1.7281 and after a double bottom. IF we can break resistance here, we are looking for a continuation to the ATR target @ 1.7377. Watch the USDX for direction. The average daily true range (ATR) for the pair is 139 pips per day and it’s 180 day average is 169 pips per day. USDX is currently moving up.

Posted to Introduction to Forex Targe… on May 23, 2023 — 8:05 AM

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