NZDUSD Key Areas to Consider Ahead of FOMC (July 25, 2023)

Keep an eye on this NZDUSD fakeout ahead of Wednesday’s FOMC volatility!
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The NZDUSD broke above a significant trend line last week from late 2021.

However, New Zealand dollar bulls failed to keep the pair above the level into the weekend.

That fakeout could trigger a move lower toward the 2022 trend line at 0.6100.

However, Wednesday’s FOMC promises to trigger significant volatility for pairs like NZDUSD.

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

#forex #forexsignals #nzdusd

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