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New Zealand Dollar / U.S. Dollar
Long

NZDUSD Potential Upsides

By JoeChampion
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.61800 zone, NZDUSD is trading in an uptrend and extending pullbacks seem to be approaching the major trend around 0.61800 support and resistance zone. Fundamentally we are coming across a big event today. Market is expecting fed to pivot which should be bearish for the Dollar but since now nothing is confirmed as we have to see the data. a dovish FOMC should be bearish for the Dollar and a hawkish one should be bullish.
Trade safe. Joe.
Beyond Technical AnalysisBullish PatternsbuyFundamental AnalysisLONGNZDNZDUSDTechnical AnalysisTrend AnalysisUSD
JoeChampion
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