ANALYSIS
NQ100 Finds Support from PPIApr 14
NZDUSD Heads To Give Back its Gains
After the FOMC meeting yesterday, we see that the dollar is trying to recover against the currencies of the major countries in the first European session, after the FED Chairman Powell announced that they are far from ending the rate hikes. Technically speaking, it seems that parity has ended its ascending channel movement. If the 0.6345 support can be broken with the declines, the losses can deepen to the 0.6300 level. Above 0.6410 – 0.6450 line will be strong resistance zone.
