Sunday , 19 January 2025
Home Forex NZDUSD trades to new 2024 lows today and maintains a bearish bias. What shift the bias?
Forex

NZDUSD trades to new 2024 lows today and maintains a bearish bias. What shift the bias?

In this video, I look at the technical levels in play for the NZDUSD as we head toward the US Fed decision at 2 PM ET. What levels are in play? What would shift the bias back to the upside (it is more bearish now)? What key targets loom on more downside momentum today?

All will discussed and can be used as the roadmap from a technical perspective through the rate decision.

This article was written by Greg Michalowski at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

How To Predict Forex Price Movements Accurately

Struggling to predict forex price movements? The foreign exchange market trades over...

A technical view of the major currency pairs going into the new trading week

EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.

Greenland, Canada and the Panama Canal: What is the real plan here?

Here is my base case.Greenland:This is a real pet project of Trump's....

Trend Continuation Factor and Hurst Exponent Forex Trading Strategy

The Trend Continuation Factor and Hurst Exponent Forex trading strategy is a...