EUR/NZD Channel Break |



has printed an abc corrective pattern at the time of this post but is uncommitted yet to the down move. If we get traction, we are looking for a continuation to the ATR Target at 1.6561 area. We have a channel and a MACD break already. Watch the USDX for any change in direction. The ATR for currently is 122 pips per day and it’s 180 day average is 154 pips.

EUR/NZD channel break
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