NZD/USD Forecast July 18, 2016, Technical Analysis

The NZD/USD pair went back and forth during the course of the session on Friday, but turned right back around to form a slightly negative candle. I believe that we may try to reach down from here and try to find support. There is a lot of noise just below though, so I think it’s only a matter of time before we find enough buyers to push this market to the upside. A break above the top the candle for the Friday session also sends this market looking for the 0.73 level above.