NZD/USD Forecast September 23, 2016, Technical Analysis

The NZD/USD pair fell slightly during the course of the session on Thursday as we continue to bounce around the 0.73 level. That being the case, the market continues to look very tight, but I think there is a bit of an upward bias at the moment. However, I have no interest whatsoever in being involved in this market and therefore I feel that you can probably find better trades in the Forex market at this point in time. Ultimately, the New Zealand dollar will have to make some type of impulsive candle, and once it does we should have quite a bit of momentum.

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