EUR/NZD Channel Break
Scott Barkley | Sep 08, 2021 08:49AM ET
USDX has printed an abc corrective pattern at the time of this post but is uncommitted yet to the down move. If we get traction, we are looking for a continuation to the ATR Target at 1.6561 area. We have a channel and a MACD break already. Watch the USDX for any change in direction. The ATR for EUR/NZD currently is 122 pips per day and it’s 180 day average is 154 pips.
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