NZD/USD: Flag Breakout

 | Jun 07, 2021 08:28AM ET

h2 Bullish: 

NZD/USD is currently at 0.7227 in a range. We just broke the flag and we are looking for an initial move to the ATR Target at 0.7279 area. A further target is at 0.7300. Watch the USDX for any change in direction. The ATR for the pair currently is 72 pips per day.