Trader_97

WILL KIWI BREAKOUT OF THE RISING WEDGE ?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
24 0 1
The Dollar crosses haven't been very decisive in terms of trend recently.Though still inside the medium term bullish channel .We see the pair constantly carve tops on the roof of this channel and has held steadily above the T.L support from May 30th.With the interest rate decision for the USD just hours away the pair might continue to remain sideways and coil in a small range.Once we see a breach of this T.L support the pair will decline sharply.The question is will we see it bounce back or breakout ?
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