JoeChampion

NZDUSD Potential Upsides

Long
FX:NZDUSD   Dollaro neozelandese / Dollaro
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.

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