NZD/USD Forecast November 10, 2016, Technical Analysis

NZD/USD pair initially tried to rally but then turned around to fall significantly. However, I do think that there is quite a bit of support just below, so ultimately given enough time I think we will continue to grind in an upward manner, but we most certainly have quite a bit of a way to go before we find significant support. A break above the top of the candle would be very bullish sign as well, but I don’t think that’s going to happen before we go lower and go looking for buyers. - 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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