NZD/USD Forecast July 15, 2016, Technical Analysis

The NZD/USD pair went back and forth during the course of the day on Thursday, ultimately settling on a negative candle. However, I see so much in the way of support just below that I think we will bounce and eventually got above the 0.73 level. If we get a supportive candle, then it’s likely that the markets will go higher from there as well. Quite frankly, I have no interest whatsoever in selling this market as long as we stay above the “floor” that I see at the 0.70 level below. - 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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