EUR/NZD – Will It Finish the Wave

2024.07.31 11:39

Note: today

Bearish to Bullish: Forex Strategies: Currently, is at 1.8285 in a possible 3rd wave in a channel.

We are looking for a continuation to the ATR target at 1.8200. Will look for a 4th wave bounce there.

Watch the for direction, as it could negate all of this.

The average daily true range (ATR) for the pair is 113 pips per day and its 90-day average is 97 pips per day.

My Forex Analysis says USDX is currently down.

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