EURNZD – continuation in the range

Bullish: We are currently @ 1.7377 in a channel in a range. We have start of divergence for the up move. Above 1.7400 look for a move first to 1.7453 with the overall target the range top @ 1.7562. The ATR target is just above @ 1.7579. Watch the USDX for any change in direction. The ATR for the pair currently is 188 pips per day and its 180 day average is 174 pips per day. USDX is currently attempting down.

Posted to Introduction to Forex Targe… on Oct 12, 2022 — 8:10 AM
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