NZD/USD Forecast June 27, 2016, Technical Analysis

The NZD/USD pair fell significantly during the course of the day on Friday after we got the result of the United Kingdom EU referendum vote. With that being the case, we ended up finding quite a bit of support at the 0.70 level below, and a result we ended up forming a bit of a hammer, and that of course is a bullish sign. However, we need to see short-term supportive candles on short-term charts in order to start going long. In the meantime, expect quite a bit of volatility as the markets have been dealt a significant shock. - 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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