NZD/USD Forecast December 19, 2016, Technical Analysis

The New Zealand dollar broke down below the 0.70 level during the day on Friday, as it looks like the US dollar will continue to reign. With this being the case, I look at any rally as a potential selling opportunity, especially on signs of exhaustion. A break down below the bottom of the range for Friday would also be a nice selling opportunity as far as I can see. At that point, I would expect the market to eventually reach down to the 0.65 handle. I have no interest whatsoever in buying. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the