AUD/NZD: Reversal?

 | Feb 22, 2017 08:49AM ET


Currently we are at 1.0723 in a range and oat the top of that range. We have divergence on this chart so we are looking to reverse to the 0.214 Fibo at 1.0671with another target at 1.0595. The average daily true range (ATR) for the pair currently is 60 pips.