NZDUSD MULTI-TIMEFRAME ANALYSIS 25/01 to 29/01

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)

FX:NZDUSD New Zealand Dollar / U.S. Dollar

Monthly and Weekly price structure is bullish , Daily is currently bullish. Price retraces back to the support zone as highlighted on the Daily time-frame, H4market structure is currently bullish. There is a probability to look for longs to reach the first target as highlighted. Please be careful as there's FOMC this week. It will be better to wait till after FOMC to get a clearer picture of what the market is trying to achieve.

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Risk:

FOMC

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