NZDUSD | Trade Only After FOMC
As we all saw during yesterday USD reacted in a very aggressive way against
all the currency pairs.
During the previous time, the price faced resistance close to the support area
of the pattern and it continued again with the development of the bearish movement.
Today we have FOMC that can create a very big mess in the market.
So it is better if we can trade this pattern after the FOMC when the waters will be clearer.
Thank you and Good Luck!
Previous Analysis:
As we all saw during yesterday USD reacted in a very aggressive way against
all the currency pairs.
During the previous time, the price faced resistance close to the support area
of the pattern and it continued again with the development of the bearish movement.
Today we have FOMC that can create a very big mess in the market.
So it is better if we can trade this pattern after the FOMC when the waters will be clearer.
Thank you and Good Luck!
Previous Analysis:
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