NZDUSD trades to new 2024 lows today and maintains a bearish bias. What shift the bias?

  • A technical look at the NZDUSD as we head toward the US Fed decision at 2 PM ET. What levels are in play? What would shift the bias back to the upside? What key targets loom on more downside momentum today?

In this video, I look at the technical levels in play for the NZDUSD as we head toward the US Fed decision at 2 PM ET. What levels are in play? What would shift the bias back to the upside (it is more bearish now)? What key targets loom on more downside momentum today?

All will discussed and can be used as the roadmap from a technical perspective through the rate decision.

NZDUSD
The NZDUSD is trading between the key support/resisstance.

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