NZD/USD Forecast December 12, 2016, Technical Analysis

The NZD/USD bear fell slightly on Friday, as we continue to see negativity. The shootings are from Thursday of course looks very negative so I think were trying to roll over and reach towards the 0.70 level below. That’s an area that’s massively supportive, so I don’t know will be a what a breakdown below there and I do think that it’s a choppy move lower. With this, I am negative but I recognize that it’s not exactly going to be the easiest move in the world to make. I have no interest in buying into we break above the top of the shooting star.

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