NZDUSD –Watch the bounce?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    $NZDUSD –Watch the bounce? Currently we are at 0.6609. We are looking to continue to the 0.500 Fibo @ 2.0800 with an overall target near 0.6500. Watch for the pullback at either spot since we are overdue for a correction. The average daily true range (ATR) for the pair currently is 50 pips.

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