NZD/USD Forecast February 1, 2016, Technical Analysis

The NZD/USD pair initially tried to break higher during the day on Friday, but turned back around in order to form a shooting star. The shooting star of course is a very negative sign, so it appears that we are going to head back to the 0.64 level. Ultimately though, this is a very volatile pair so short-term trading is about the only thing you can get out of the right now. We have no interest in putting any real money to work here, the New Zealand dollar is quite a bit choppy or than we like. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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