Despite the bearish Dollar trend, we are tracking some of the dollar bullish set-ups, I as want to be ready for it if some major shifts happen today after FOMC. I am looking at NZDUSD which spiked up in recent hours, now approaching some resistance here at 0.7370-0.7400 where the trend may change. An impulsive turn and fall back below 0.7300 can be the first evidence of a change in trend.
NZDUSD, 1H
Silver is slightly higher but is very slow so we see the market in a fourth wave on hourly chart which may cause a new drop soon into wave five of C/3. Intraday trend is bearish if 17.58 level is not breached.
Silver, 1h
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