Get started
Forex48_TradingAcademy

NZDUSD STRONG DOLALR DUE TO SENTIMENT FED

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Forex48_TradingAcademy  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis strategy AUDUSD dollar education priceaction Forex signals setup short
2
0
trendanalysis chartpattern fundamental strategy audusd dollar education priceaction forex signals setup short
On NZDUSD, we have a bearish setup around 0.6048, with the price touching a trendline three times. Currently, the price is within an imbalance zone after yesterday's strengthening of the dollar. The expectation is to wait for the price to reach 0.5970 for the potential creation of a long pattern, with the AUD recovering all the lost liquidity in recent days. However, everyone is waiting for the upcoming FED meeting next week, and the markets are currently showing very little movement.
What are your expectations?
Happy trading to all.

Nicola, CEO of Forex48 Trading Academy.

❤️ Support our work with a simple Like ❤️
🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: www.forex-48.com/trading

📊 FREE Watchlist: www.forex-48.com/free-watchlist

📚 FREE Course: www.forex-48.com/free-education

🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.