Official site of the most popular forex trading expert advisor...

EUR/NZD: Continuing The Channel


EUR/NZD is currently at1.5826, trading in a channel. We are looking for an initial move to the ATR Target at the 1.5902 area and then the 0.214 Fibo at 1.5975.

Watch the USDX for any change in direction. The ATR for the pair currently is 154 pips per day and its 180 day average is 136 pips per day.

USDX is currently threatening to slide further down at the time of this post.

EUR/NZD Continuation
EUR/NZD Continuation

Trading analysis offered by RobotFX and Flex EA.