NZD/USD Forecast August 30, 2016, Technical Analysis

The New Zealand dollar fell during the course of the session on Monday, but bounced a bit in order to fill the gap and then perhaps try to reach towards the 0.73 level. At this point in time, if we can get some type of exhaustive candle, I’m willing to start selling. On the other hand, if we can break above the massive candle from Friday, and that means that the market is going to continue to go higher. One thing you can count on at this point in time, you more than likely will see a lot of volatility.

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