EUR/NZD: Range Trade?

 | Nov 05, 2015 08:46AM ET

EUR/NZD
Currently we are at 1.6458. We are looking to continue to the 0.500 Fibo @ 1.6404 with an overall target to the 0.786 Fibo support area @ 1.6313. The average daily true range (ATR) for the pair currently is 209 pips.