AUD/NZD is currently at 1.1024 in the very top of the range. If we can break the slope support here, we are looking for a continuation to the S2 at 1.0961 with the overall target ATR target at 1.0944. Watch the USDX for directions.
The average daily true range (ATR) for the pair is 79 pips per day, and the 180-day average is 78. USDX is currently moving down.