NZDUSD Back to the top

Bullish: We are currently @ 0.6378 in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 0.6450 with a further target the Range Top @ 0.6500 area. We have convergence on the hourly. The target down is 0.6250 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 92 pips per day and its 180 day average is 94 pips per day. USDX is currently down.

Posted to Introduction to Forex Targe… on Dec 08, 2022 — 8:12 AM
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