EUR/NZD is trading sideways at the time of this post. We are currently at 1.7196 in a 5th wave.
We are looking for an initial move to the ATR target at the 1.7106 area with a further target the 1.7033.
Watch the DXY for any change in direction. The ATR for the pair currently is 145 pips per day and its 180-day average is 140 pips per day.
