NZD/JPY: Flag Continuation

 | Jul 21, 2021 08:40AM ET

h2 Bullish

USDX is bearish but non-committal at the time of this post. NZD/JPY has a flag pattern in play which is bullish. We are looking for a continuation to the ATR Target at the 77.00 area.

Watch the USDX for any change in direction. The ATR for the pair currently is 97 pips per day.