NZDUSD

NZDUSD: Now if we look at the NZD/USD, we can see that it is reaching a strong support. With the forecasted increase in OCR, I am expecting a rebound. Therefore I will go long once there is a clear sign of reversal, in which I will be paying closer attention to the 1H timeframe. However, we have to take note of Powell's speech as well as it might cause the increased volatility of the dollar, in which we might see if go beyond the support level.