NZD/USD: Overall Target Of 88.34

 | Sep 15, 2014 08:50AM ET

NZD/USD; Currently we are at 87.58 after a trend wall bounce. We are looking for a diagonal break and then a continuation to the 5th wave R3 area at 87.98 with an overall target at 88.34.  The average daily true range (ATR) for the pair currently is 43 pips.