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Nzdusdbuy

Bullish NZD/USD Potential Set-upWhat to expect from NZDUSD? The tone is neutral on the day patiently waiting on a move to either side. My technical bias is to the up side if the certain conditions are met. 1. Price consolidate around the resistance turn support 2. RSI holds above the 50-line 3. Stochastic makes a bullish cross Risk events: Tuesday- 17:45 NZD Trade Balance (YoY) (Mar) -3,320M 17:45 NZD Trade Balance (MoM) (Mar) 405M 339M Wednesday- 13:00 USD FOMC Statement 13:00 USD Fed Interest Rate Decision 0.50% 0.50% 16:00 NZD Interest Rate Decision 2.25% 2.25% 16:00 NZD RBNZ Monetary Policy Statement 16:00 NZD RBNZ Rate Statement Weekly Analysis:
Long
by ChadBilon