Send me real-time posts from this site at my email

NZDUSD Poised to continue the channel

Bullish:  We are currently @ 0.6357 in a flag pattern in a channel.   IF we can break the Flag resistance, we are looking for a continuation to the ATR target 0.6450. Watch for the bounce there.  Watch the USDX for any change in direction. The ATR for the pair currently is 90 pips per day and its 180 day average is 77 pips per day. USDX is currently trying to go  Down at the time of this post.  
#NZDUSD

The 4 Things you must know in the Forex: http://proacttraders.com/ebook
 

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue