NZD/USD Forecast February 17, 2017, Technical Analysis

The NZD/USD pair had a volatile session on Thursday, essentially settling for neutrality. If we can break above the top of the shooting star, the market should then continue to reach towards the 0.7350 level. A pull back from here will find support near the 0.7150 level, and as a result I don’t have much in the way of interest when it comes to selling this market. Ultimately, this is a market that will remain volatile, but I think that the overall uptrend should continue. Selling is an even a thought at this point.