NZD/JPY is trading near 86.63 and in a channel. We are looking for a continuation to the day chart's top at 96.93 and the ATR target at the 87.17 area.
Watch the DXY for any change in direction. The ATR for the pair currently is 104 pips per day, and its 180-day average is 97 pips per day. DXY is currently down at the time of this post.
