NZD/USD Price Analysis: Traders await RBA volatility to decipher the code in the market structure By ross_burland NZDUSD Technical Analysis
NZD/USD daily chart
However, given the number of critical events this week, including the Reserve Bank of Australia at the top of the hour, traders would be prudent to allow these to play out in order to decipher the code within the market structures subsequent of the price action .could be the catalyst, on a hawkish outcome, to send the kiwi on the coattails of a rally in the Aussie up to test the 38.2% Fibo near 0.6640 for the day ahead.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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