NZD/USD Forecast November 30, 2016, Technical Analysis

The New Zealand dollar crashed into the bottom of the uptrend line that had been so vital in this pair previously during the day on Tuesday. If we can sustain a move above that level, and attempt to reach above the 0.7150 level would be a signal that the market is ready to go higher. Alternately, if we break down from here we will more than likely reach down to the 0.70 level below there. Either way, expect a bit of volatility but the daily close today could be very important when it comes to where we go next in the Kiwi dollar. - 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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