NZD/USD Bounce Opportunity
Scott Barkley | Aug 02, 2021 08:40AM ET
NZD/USD is hinting that it is headed down but uncommitted at the time of this post. We have had a pullback so should now see the resumption of the channel to the upside.
We are looking for a continuation to the ATR Target at the 0.7041 area. Watch the USDX for any change in direction. The ATR for the pair currently is 71 pips per day.
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