NZDUSD poised to start down

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NZDUSD poised to start down

By Pro Act Traders — Author

Bearish: We are currently @ 0.6952 in a channel but with 5 waves completed. We are looking for an initial move to the ATR target @ 0.6891 area and then the 0.382 Fibo @ 0.6880. Watch the USDX for any change in direction. The ATR for the pair currently is 74 pips per day and its 180 day average is 68 pips per day. USDX is currently trying to go down at the time of this post.

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Posted to Introduction to Forex Targe… on Mar 23, 2022 — 8:03 AM

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

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