NZDUSD- Minor consolidation before Fed and RBNZ

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
25 0
It has posted a double bottom between 0.7175- 0.7185 and a double top between 0.7355. The underlying indicators remained bullish and the price consolidating at the mid-point of the range (0.7435-0.7175).

Ahead of next week’s Fed and RBNZ policy meetings the cross likely to trade within the given range of 0.7435-0.7175.

Beyond the double top , the cross likely to rally further to the resistance seems at 0.7435 (triple top).
Potential upswing will emerge if the price breach the triple top, in this case, 0.7480 and 0.7550 could possible.

Month support: 0.7150
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out