Hey Traders, in today's trading session we are monitoring NZUSD for a buying opportunity around 0.618 zone, NZDUSD is trading in an ascending channel in which it's approaching the channel support zone, once the rejection is confirmed i would consider the channel resistance as a target. fundamentally the last Fomc showed some dovish sentiments from fed which should be bearish Dollar and bullish stocks. stocks as well are positively correlated with NZDUSD.
Trade safe, Joe.
Trade safe, Joe.