GBP/NZD Continuation Trade

 | Jun 17, 2021 08:47AM ET

h2 Bullish: 

USDX is up at the time of this post. We are currently at 1.9899 just out of a range after FOMC.  We are looking for a move that should target the at 1.99764 ATR Target. Be prepared for a pullback or flag since the current move is unsustainable. There is another target ta 1.9976. Watch the USDX for any change in direction. The ATR for the pair currently is 128 pips per day.