EUR/NZD – Continuation?

 | Jul 10, 2018 08:49AM ET

EUR/NZD


Bearish: Currently we are at1.7173 in a range and a channel. If we can break the support here, we are looking for a continuation to the 0.500 Fibo at 1.7070 area. Watch for a bounce here since it is the 0.500 Fibo. The average daily true range (ATR) for the pair currently is 123 pips.