NZD/USD Forecast July 14, 2016, Technical Analysis

The NZD/USD pair initially fell during the course of the day on Wednesday, but turn right back around to form a hammer at the top of the uptrend. Because of this, and the fact that we are clearing the 0.73 level, I believe the market will continue to go higher, and with that being the case I am bullish on a break above the top of the range for the day as we should then reach towards the 0.75 handle, the next natural large number. Pullbacks at this point in time should continue to find buyers below.

Eracash.com - 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. Eracash.com bears no responsibility for any trading losses you might incur as a result of using any data within the Eracash.com