NZD/USD Forecast June 17, 2016, Technical Analysis

The NZD/USD pair initially fell during the course of the day on Thursday, but found enough support below the 0.70 level below to turn things back around and form a massive hammer. Because of this, I believe that the market is going to continue going higher, but we need a break above the top of the range for the Thursday session in order to get the classic buy signal. At that point in time, I would expect this market to eventually break out to the upside and make a fresh, new high. I have no interest in selling this market at the moment. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the