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EUR/NZD To Continue In A Range

10/12/2022

Less than a minute

2022.10.12 13:46

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Scott Barkley

Bullish: is currently at 1.7377 in a channel in a range. We have start of divergence for the up move. Above 1.7400, look for a move first to 1.7453 with the overall target in the range top at 1.7562.

The ATR target is just above 1.7579. Watch the for any change in direction. The ATR for the pair currently is 188 pips per day, and its 180-day average is 174 pips per day. USDX is currently attempting down.

EUR/NZD price chart.