NZD/USD Forecast June 20, 2016, Technical Analysis

The NZD/USD pair fell slightly during the course of the session on Friday, but turned around and found quite a bit of support at the 0.7050 region. With that being the case, the market looks as if it is ready to rally, and a break above the hammer from the Thursday session would of course be a very positive sign as the market would be willing to go higher at that point in time from what I can see. With this, I remain bullish of this market but recognize that there could be a bit of volatility above.