- Straddle setup in NZD/USD (H4)
- Powell speaking about U.S. economic outlook
- FOMC minutes
NZD/USD (H4) has been ranging across within 45pips since last Thursday.
This presents us with a potential straddle setup.
Straddle Setup for NZD/USD (H4)
45pips range from 0.6613 to 0.6658
Buy Stop Order at 0.6673
Sell Stop Order at 0.6598
Potential Price Movers
- 06 Oct at 2240 (SGT): Federal Reserve Chairman Powell will be speaking about the U.S. economic outlook at the National Association of Business Economics annual meeting.
- 08 Oct at 0200 (SGT): Federal Reserve will be releasing the minutes for the previous monetary policy meeting.
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