NZD/USD Forecast July 27, 2016, Technical Analysis

The NZD/USD pair broke higher during the course the day but gave back quite a bit of the gains. With this, looks as if we did break through some stop loss orders on the short side though, so I believe that it’s given enough time going to be a bullish market that reaches towards the top of the overall consolidation area. Short-term volatility will continue to be an issue, and at this point in time it will take quite a bit of patience to deal with all of the back and forth action that we should see. - 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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