Forex analytics and overview
EUR/NZD Looking to Push Lower
2024.08.13 11:40
Currently, is at 1.8084 in a channel. We are looking for a continuation up to the ATR target at 1.8006 and then the 1.270 Fibo at 1.7994.
Watch the for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 162 pips per day, and its 90-day average is 109 pips per day.
DXY could continue sideways.