NZD/USD: Range Trade

USDX is headed down at the time of this post. Currently we are at 0.7123. We are looking for a continuation to the ATR (Average True Range) Target at 0.7172 area. We have a MACD break already. Watch the USDX for any change in direction. The ATR for NZD/USD currently is 53 pips per day and it’s 180 day average is 60 pips.

NZDUSD range trade

NZDUSD range trade

NZD/USD: Range Trade

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.