EURNZD continuation

Bullish: USDX is threatening to go up but uncommitted at the time of this post. We are in a flag (bullish) so should now see the resumption to the upside. We are looking for a continuation to the ATR Target @ 1.6868 area. Watch the USDX for any change in direction. The ATR for the pair currently is 113 pips per day and it’s 180 day average is 115 pips.

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Posted to Introduction to Forex Targe… on Aug 16, 2021 — 8:08 AM

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