EUR/NZD – hard bounce

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EUR/NZD – hard bounce

By Pro Act Traders — Author

Forex Strategy is Bullish: We are currently @ 1.7866 in a range. If USDX continues up, we are looking for a continuation to the ATR target @ 1.7924 area and then to the 0.618 Fibo @ 1.7948. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 138 pips and it’s 90-day average is 145 pips per day.

Posted to Introduction to Forex Targe… on Dec 02, 2024 — 8:12 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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