NZD/USD: Range Trade

 | Sep 14, 2021 08:41AM ET

h2 Bullish

USDX is headed down at the time of this post. Currently we are at 0.7123. We are looking for a continuation to the ATR (Average True Range) Target at 0.7172 area. We have a MACD break already. Watch the USDX for any change in direction. The ATR for NZD/USD currently is 53 pips per day and it’s 180 day average is 60 pips.