[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

NZD/USD Range Opportunity Forming

06/06/2022

Less than a minute

2022.06.06 16:12

Bearish

At time of writing, NZD/USD is currently trading at 0.6526 in a channel in the start of a third wave. We are looking for a continuation to the range bottom target at the 0.6460 area and then the confluence area and the ATR target at 0.6433.

Watch the USDX for any change in direction; the dollar index was in an uptrend.

The ATR for the pair currently is 78 pips per day and its 180 day average is 67 pips per day.

NZD/USD Range Opportunity Forming NZD/USD Chart