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NZD/USD Falling Wedge Breakout

09/22/2022

Less than a minute

2022.09.22 12:18

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Scott Barkley

Bullish

is currently at 0.5876 just out of a falling wedge which is bullish. If we can break the 0.786 Fibo here, we are looking for a move to the ATR Target/0.618 fibo at 0.5932-41. Watch the for any change in direction. The ATR for the pair currently is 82 pips per day and its 180 day average is 84 pips per day. USDX is currently down.

NZDUSD Falling Wedge