NZD/USD Forecast February 15, 2016, Technical Analysis

The NZD/USD pair fell during the course of the session on Friday, and as a result it looks like the market is going to continue to go back and forth. A supportive candle below should be a buying opportunity but only for short-term traders. We don’t really have any interest in putting money to work in this market for any real length of time, as it is so choppy and of course there are a lot of concerns around the world that could continue to make this market very difficult to deal with.