AUD/NZD: Range Trade

 | Jan 16, 2018 08:45AM ET

Currently we are @ 1.0931 in a range. We are looking for a continuation down to the bottom @ 1.0862 with this week's AUD/NZD at the 1.618 Fibo @ 1.0797. The average daily true range (ATR) for the pair currently is 56 pips.