Trader_97

WILL KIWI BREAKOUT OF THE RISING WEDGE ?

FX:NZDUSD   Dolar New Zealand / Dolar A.S.
1
The Dollar crosses haven't been very decisive in terms of trend recently.Though still inside the medium term bullish channel.We see the pair constantly carve tops on the roof of this channel and has held steadily above the T.L support from May 30th.With the interest rate decision for the USD just hours away the pair might continue to remain sideways and coil in a small range.Once we see a breach of this T.L support the pair will decline sharply.The question is will we see it bounce back or breakout ?

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.